2007-05-14 JW Trading Activity : Add to long position with SFBFQ - SPY June 147 call @5.5. Open position : 2
2007-05-14 JW Trading Activity (2) : Add to long position with SFBFQ - SPY June 147 call @5.2. Open position : 3
2007-05-15 JW Trading Activity : Add to long position with SFBFQ - SPY June 147 call @5.1. Open position : 4
2007-05-16 JW Trading Activity : It was a little painful adding all these positions over the past few days. As SFBER's expiration approaches, I'm happy to close it at a good price. However, model indicated to open another position today so I sort of rolled the position into June 148 Call. Hope they will work out in the next few days. Closed position: SFBER - SPY May 148 Call @ 3.60, +60% 2007-05 month to date return : 4.63% 2007 year to date return : 21.61% vs. 2007 year to date SPY (S&P500) return : 7.05% Trailing 12 Month Model Beta (SPY = 1 ) : -0.18 Trailing 12 Month Model Alpha (Annualized) : 53.14% Initiated long position with SFBFR - SPY June 148 CALL @ 5.10. Open position: 4
2007-05-17 JW Trading Activity : Closed another position and took some money off the table. OptionXpress uses 'last in, first out' method for calculating PnL. So I will do the same to keep the record consistant. Closed position: SFBFQ - SPY June 147 Call @ 5.50, +7.84% 2007-05 month to date return : 5.69% 2007 year to date model return : 22.96% vs. 2007 year to date SPY (S&P500) return : 6.84% Trailing 12 Month Model Beta (SPY = 1 ) : -0.19 Trailing 12 Month Model Alpha (Annualized) : 59.81% Open position: 3
2007-05-18 JW Trading Activity : Sold everything and back to 100% cash. Trading result so far is pretty consistant with the model baseline. Rather than close the positions myself, I placed the sell orders as "Sell At Market Close" because I had to attend a meeting. But it turned out that SFBFQ had a higher ending bid/ask price than my selling price. So I guess somebody took a spread on me? Oh well, other than that, it has been a good week. Closed position: SFBFQ - SPY June 147 Call @ 6.40, +23.1% Closed position: SFBFQ - SPY June 147 Call @ 6.40, +16.4% Closed position: SFBFR - SPY June 148 Call @ 5.60, +9.8% 2007-05 month to date return : 13.12% 2007 year to date return : 32.38% vs. 2007 year to date SPY (S&P500) return : 7.77% Trailing 12 Month Model Beta (SPY = 1 ) : -0.18 Trailing 12 Month Model Alpha (Annualized) : 68.52% Open position: 0