Wednesday, May 30, 2007

Weeks of 5-21 and 5-28 latest trades...

Here is a list of the trades I have made over the last 2 weeks.


KO- Coca Cola Call options - Sold 7-3-07 11% Gain
ELN Put options - 90% Loss
STP Call options - 100% Loss
DJ Put options
Intel (INTC) Put Options
GRMN Put Options - 100% Loss
DNDN Call Options
QQQQ Put Options --- Sold my qqqq puts today (6-6-07) for a 24.5% profit.

Friday, May 25, 2007

Trading has been kicked in to high gear...

Sorry, but lately I have made so many trades that I haven't been able to keep up with them on the blog. I have also been spending allot of time studying new techniques.

I'll make a post and list all the trade I have done lately. Some have been in my million dollar portfolio game.

Speaking of the million dollar portfolio game, the main challenge has ended and I was unfortunately not one of the top 10... :(, but hey I did make it to the top 11% out of when it was all said and done almost 2 million accounts. So I did pretty good.

So CNBC reset the game for the rest of us. It has been 1 week and I am in the top 1%, out of 140,000 ish players. NOT bad!!!


Keep in mind that all my trades that the heading is in Black text means they are still open trades/investments. So take a look through all the months cause there are still open positions that are not listed the main page. Main page only shows the last 10 posts.

Monday, May 14, 2007

LVLT Covered Call Trade 5-14-07

I sold a few LVLT call options today. I sold the May 5.00 for .50 cents. So I made $100 on this trade. I am not planning on selling the common stock, so this was strictly a monthly income play.

UPDATE 5-21-07: Well as it turned out, I was called out on my option. So I had to sell my 200 shares of LVLT at $5.00 per share. This trade actually became a loss due to the fact that when you get called out you have to pay a manual commission fee. $17 bucks for each option that gets exercised. I paid $34.00 when I got called out!!! Plus the commission I paid when I bought the stock, and when I sold the covered calls. So all in all the total commission was $64.50! Bottom line this trade ended up being a 10% loss!