Fridayâs Activity: BUY: 5 CF JAN9 35/40 @ 3.5 BUY: 8 MRO APR 15/17.5 @ 1.85 BUY: 10 XLE JAN10 65/70 @ .98 GTC SELL: 10 XLE DEC...
Since the last post: 10/6/08 MONDAY BUY: 10 AUY JAN10 5/7.5 @ 1.85 ROLLOUT: SELL: 8 TDW OCT 45/50 BUY: 8 TDW APR 45/50 COST...
This weekâs activity: Journal references: Monday: GLD 89.57 +2.93, SLV 12.95, UNG 31.8, USO 77.09 â 9.12, DOW 10365 â778, S&P 1106...
increasenow - nope. Not me.
This entry is only a reference for the journal. No trades this week in any account. Only activity was just observing the market and its affect on...
Some advisors are advocating using the $700 billion Fed money to finance lending institution's equity loans and business loans rather than use it...
Ref: Monday GLD 77.56, SLV 10.95, UNG 34, USO 76.3, DOW 10917 â504, S&P 1193 â59 REF: Tuesday 113-128 REF: Wednesday GLD 85.2...
Thanks newguy. Aside from Monday (a day of weeping and screaming), this has been a good week for me so far. I'll post an update after Friday's...
9/9/08 Activity: Another rollout: SOLD 4 ECA OCT 60/65 @ 2.64 BUY 4 ECA APR 60/65 @ 2.5 Original cost of OCT spreads 4.0 Present...
Todayâs Activity: ROLL OUT AND DOWN: SOLD: 4 EOG OCT 85/90 @ 3.05 BUY: 4 EOG APR 80/85 @ 2.95 (COST of new position = 3.8,...
9/3/08 Activity: First use of the âPropositionâ posted a couple of days ago. SOLD: 4 DO SEPT 95/100 @ 3.75 BUY: 4 DO MAR...
The topic of getting good fills is interesting. Trying to get good fills by legging in is really tough and will not work for a sizable account....
Yes. the expected gross profit is (5.0-3.45) * 500 shares = 775. You are also correct about limited loss/limited gain. Max loss is 5 spreads X...
Yes, you are correct. Should be 5 FCX FEB09 55/60 @ 3.85. Thanks.
9/2/08 Activity: BUY: 100 SLV @ 12.60 (long) BUY: 5 DVN APR 75/80 @ 3.45 Stock @ 95.90, comm. 7, expected gross profit = 775...
PROPOSITION: There is no reason to (permanently) lose money on a DITM vertical spread position that is no longer DITM due to declining stock...
8/25/08 Activity: SOLD: 4 MLM OCT 750 @ 4.9 NET PROFIT 348.8 SOLD: 5 EGH JAN 110/115 @ 3.15 NET LOSS 309.9 (on low...
Fridayâs Activity: My previous post showed a sale of 6 SU SEP 35/37.5, but I did not have the information at hand to calculate profit....
8/19/08 Activities: SOLD: 5 FWLT JAN 50/52.5 @ .85 NET LOSS 614 SOLD: 5 MDR NOV 40/45 @ .87 NET LOSS 1454 (the...
Aug 18 Activity: Finally did some trades today, and was forced to take some losses. Tough market! SOLD: 5 SII OCT 60/65 @ 3.45...
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