Tuesday Virtual Portfolio Moves

GS – I bought the $210s for $1 and sold the $200s short for $5, hoping for bad earnings. I should have taken my caller for $5 first thing but I held 40 out of 60 calls, which are now $8 while my $210s are $1.85. I bougt out another 10 at $8.50 if I have to and another 15 at $9 and the last at $10, at which point my $210s should be worth $3 to net me about even on the trade. Had I been smarter, I would have bought 120 $210s and I’d be in great shape but I was greedy and really thought GS would miss.

Posted March 13, 2007 at 12:55 pm | Permalink

Short Term Virtual Portfolio Moves:

• AAPL M $90.00 C $0.33 Stop at .90 $0.90
• BP A $60.00 P $1.10 Fine $1.00
• BTU M $40.00 P $1.00 Stop at $1.30 $1.45
• CHK M $27.50 P $0.33 Dead $0.05
• COP A $65.00 P $1.10 DD @ .65 $0.75
• CSTR A $30.00 C $0.95 Fine $0.85
• DELL A $25.00 C $0.45 Dead $0.10
• DELL M $22.50 C $0.95 Fine $1.05
• DIA M $124.00 C $0.63 Dead $0.12
• DIA A $120.00 P $1.40 Hold $1.05
• DIA M $122.00 C $1.35 Sold – Fine $1.05
• DNA A $80.00 C $3.80 Hold $3.70
• EBAY A $32.50 C $1.10 Hold $0.95
• HOTT A $10.00 C $1.40 Hold $1.35
• HPQ A $40.00 C $0.80 Stop $1,10 $1.20
• ICE A $155.00 C $3.01 ??? $2.00
• INTC A $22.50 C $0.45 Dead $0.10
• LLY A $55.00 C $0.75 DD @ .30 $0.35
• MC M $20.00 C $0.40 Sell $0.35
• MGM A $70.00 C $2.30 Hold $1.80
• MRK A $42.50 P $0.65 Fine $0.55
• MS M $75.00 P $1.00 Fine $1.60
• NEM A $50.00 C $0.50 Dead $0.10
• ORCL M $18.00 C $0.20 Dead $0.05
• PBR A $85.00 P $1.77 Hold $1.40
• PD M $115.00 P $1.30 Stop at .25 $0.15
• PEP A $65.00 C $0.45 Hold $0.35
• PHM M $35.00 C $0.35 Dead $0.03
• PTR J $125.00 C $2.70 Fine $1.76
• PTR A $120.00 C $2.60 Short – Fine $1.65
• SHLD J $185.00 C $4.20 Sell Feb $30s if they go below .95 $9.30
• SII A $40.00 P $1.00 DD $0.35
• STZ A $20.00 C $0.45 Hold $0.40
• SU A $65.00 P $2.10 Fine $2.50
• TIE J $35.00 C $0.20 Fine $3.80
• TSO A $90.00 P $1.80 Hold $1.60
• TSO M $80.00 P $1.60 Hold $1.10
• TXT M $100.00 C $2.50 Dead $0.08
• VLO A $55.00 P $0.45 Fine $0.45
• XLE M $55.00 P $0.50 Hold $0.45
• XOM A $80.00 C $0.40 Dead $0.10
• XOM A $67.50 P $0.79 Hold $0.60
• XTO A $50.00 P $1.75 Hold $1.30
• YRCW A $45.00 C $1.05 Hold $0.40

Half out of protects at this point if you bought them this morning.