3.1 C
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Friday, December 27, 2024

Friday Virtual Portfolio Moves

Posted March 30, 2007 at 9:54 am | Permalink (Edit)
  • LEND – Stopped out at $9.75
  • MT May$55s for $1.55

    • selling the $52.50s for $2 or better by but definately by EOD

Just to save time, setting 20% of profit or 20% of total stops on all Apr/May calls right here – I want to get out of a bunch of stuff and I will see where I end up later to see which way I need to cover.

  • Taking the TSO $100 puts for $2.75
Posted March 30, 2007 at 10:13 am | Permalink (Edit)
  • RIMM $130 puts at $2.78
Posted March 30, 2007 at 10:17 am | Permalink (Edit)
  • VLO $65 puts (now $1.35) when VLO gets close to $66
Posted March 30, 2007 at 10:21 am | Permalink (Edit)

Time to start easing into the mattress plays. We lost Google, Apple about to go red, GS following with the BKX…

GE negative, MSFT barely up, SHLD turned down, SNDK red – SOX to follow…

  • DIA Apr $124 puts (DAWPT) at $1.35, .15 trailing stop
  • SPY Apr $142 puts (SFBPL) at $1.40, .15 trailing stop
  • QQQQ Apr $43 puts (QQQPS) at $1.45, .15 trailing stop
  • IWM Apr $80 puts (IOWPB) $1.45, 15 trailing stop
Posted March 30, 2007 at 11:20 am | Permalink (Edit)
  • TSO – second round of $100 puts at $2.05
    •  (this is 2/10 = 40 in this one for me)
  • COP – $70s for .80 for upside protection

Posted March 30, 2007 at 11:34 am | Permalink (Edit)

Level 2 mattress plays on – sadly!

  • DIA Apr $123 puts (DAWPS) at $1.25 .15 TStop 
  • IWM Apr $79 puts (IOWPA) $1.25 stop at $1.50 (.10 trail)
  • SPY Apr $141 puts (SFBPK) at $1.40 out around $1.75 (same as yesterday (and the day before), these had the best leverage) 
Posted March 30, 2007 at 11:48 am | Permalink (Edit)

Picking up next level down on Mattress with .10 stops on original puts, .20 on second round and .25 on round 3 – I have few calls left to protect so these are now mo plays.

  • DIA Apr $122 puts (DAWPR) at $1,  .25 Tstop
  • IWM Apr $78 puts (IOWPZ) $1, .25 Tstop
  • SPY Apr $140 puts (SFBPJ) at $1.20, .25 Tstop 
Posted March 30, 2007 at 11:57 am | Permalink (Edit)

Wow that was quick! Got stopped out about 30 seconds after I made that post!

  • Half out of TSO puts at $2.80, stop at $2.50 on the rest, will buy again at $2.20 or less.
  • XOM $75 puts all out at $1.10
  • COP $70 calls DD at .8
Posted March 30, 2007 at 11:58 am | Permalink (Edit)

European trading ends, let the window dressing begin!

  • DIA today $123s for .25 (BQQCS) are a fun play if you can score them.
Posted March 30, 2007 at 12:01 pm | Permalink (Edit)
  • HPQ Apr $40s for .60
Posted March 30, 2007 at 12:05 pm | Permalink (Edit)

Wow, got those DIAs for .20 – now all I need is a green Dow by 4 pm (this is me putting my faith in the crooks ability to manipulate the market).

Posted March 30, 2007 at 12:44 pm | Permalink (Edit)
  • CY – ‘09 $20s for $3.05
    • keeping the ‘09 $22.50s so we can aggressively sell close calls (but for now, just buy and wait a bit)
Posted March 30, 2007 at 1:13 pm | Permalink (Edit)
  • AXP – offering .05 for more $60s
  • BEAV – taking out Apr $30 caller for $2.15 (that’s a $1.15 profit and makes my July $35s free)
  • COP May $70s gone at $1.90
  • DELL May $22.50 gone at $1.40
  • FDX DD May $115s at .90

GOOG (I already have) June $490s for $10.10, selling Apr $470s for $8.45

Posted March 30, 2007 at 1:41 pm | Permalink (Edit)

DIA $123s at .30 – anything else is just greedy at this point!

Posted March 30, 2007 at 2:15 pm | Permalink (Edit)
  • SHLD Selling $180s for $3.75 against 1/2 my June calls (.25 t stop at $4)
  • $10KP – 15 MRK May $42.50 put for .65 (protective puts)
  • MRO taking the double ($2.50) on the $100s
    • I still have the $90s which I DD at .20 just for fun.
  • MSFT $27.50s gone at .70 but I absolutely want May or Junes next week
  • NSC $50s gone at $1.90
  • Changed my mind about STX, DD on Sept $27.50 at .80
Posted March 30, 2007 at 2:33 pm | Permalink (Edit)
  • PEP offering .20 for Apr $65s
  • DIA $123s – 1/2 out at .45, trailing .10 stop on the rest
Posted March 30, 2007 at 2:38 pm | Permalink (Edit)
  • NEM May $42.50s for $1.75 as weekend protect
Posted March 30, 2007 at 2:43 pm | Permalink (Edit)
  • Holy cow, HPQ at .90! I’m out, didn’t intend to make that much today…
Posted March 30, 2007 at 3:24 pm | Permalink (Edit)

I’m going with the SPY Apr $141s as weekend plunge protection, I’ve been in and out 3 times in 3 days and they are a bit off the LOD at $1.25 (was $1.90) so you get good bang for your buck on the downside yet the 10 day low is .75.

 

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