So I sold my 500 sh BBY at $36.70. From my buy of $33.82, I'm off to a good start with $1440 - $14 scottrade's comm. acct now at $21,567.47
Trade Date Action Symbol/Desc. Qty Price Comm. Net Amount Gain/Loss for symbol RESEARCH IN MOTION 09/30/2010 O STC RIMM Oct10 47.5 Call 5 $2.25 $14.95 $1,109.98 09/27/2010 O BTO RIMM Oct10 47.5 Call 5 $2.47 $14.95 ($1,250.00) ($140.02) Total Realized Gain/Loss for RIMM ($140.02) Total Realized Gain/Loss ($140.02) Just subsribed to Universal series
Trade Date Action Symbol/Desc. Qty Price Comm. Net Amount Gain/Loss for symbol NETFLIX 10/01/2010 O BTC NFLX OCT 2010 170 C 2 $0.00 $0.00 $0.00 09/30/2010 O STO NFLX OctWk1 170 Call 2 $0.58 $14.95 $101.02 101.02 Total Realized Gain/Loss for NFLX $101.02 Total Realized Gain/Loss ($39.00)
10/06/2010 O STC IBM Oct10 135 Call 6 $3.15 $14.95 $1,874.95 09/27/2010 O BTO IBM Oct10 135 Call 6 $1.92 $14.95 ($1,167.01) 707.94 Total Realized Gain/Loss for IBM $707.94 Total Realized Gain/Loss $668.94
NETFLIX 10/06/2010 O BTC NFLX OctWk2 170 Call 5 $0.24 $14.95 ($135.00) 10/05/2010 O STO NFLX OctWk2 170 Call 3 $0.45 $14.95 $120.01 10/04/2010 O STO NFLX OctWk2 170 Call 2 $0.83 $14.95 $151.02 136.03 Total Realized Gain/Loss for NFLX $136.03 Total Realized Gain/Loss $804.97 Tweaked the NFLX trade. Original trade includes NFLX Oct 170 call bought at $5.6, will post that loss once closed. I started with the Oct. 1 calendar spread, as seen in post above, and had moved to Oct. 8 $170 call, but have closed that too, now have credit spread using Oct. 8 160 call bought at $1.01. Once that short is closed, I'll try to create another credit spread with NFLX Oct. 160 call or something in that sort. So far, I got $237.05 back, if I can keep the darn 160 call at $0 by Friday night, that's another $500 back, leaves me with $900 loss, which feels better than that $1629 it cost in the first place.
NETFLIX 10/07/2010 O BTC NFLX OctWk2 160 Call 5 $0.12 $14.95 ($75.00) 10/06/2010 O STO NFLX OctWk2 160 Call 5 $1.01 $14.95 $489.99 414.99 Total Realized Gain/Loss for NFLX $414.99 Total Realized Gain/Loss $1,219.96 Okay, so I closed the short 160 calls for net $414.99. tweaking this thing again, I shorted the 155 calls for $0.45 with expiration tomorrow. I don't think NFLX can go much higher than $155 tomorrow as it couldn't even do that today. And sorry, the cost is actually $1668.95 including commission and everything (I'll put that trade here once its closed). So far, I've gotten $652.04 back. That leaves me with $1,016.91 to go. The original options are worth $51 per contract now, so only $200. If I can let the short 155 call expire worthless tomorrow, that adds another $209.99 to the NFLX trade and lowers my cost to $806.92. Ha, it will be interesting to see if I can actually lower it some more next week creating more credit spreads....although a chunk of the my money will be held up in this trade. I guess the only good thing is that my IBM profits will not go down in vain. In all, I do have $7500 tied to the trade for now with the credit spread at 155/170 on 5 contracts.
AMEDISYS 10/08/2010 O STC AMED Oct10 25 Put 5 $0.75 $14.95 $349.99 09/30/2010 O BTO AMED Oct10 25 Put 5 $1.80 $14.95 ($915.00) -565.01 Total Realized Gain/Loss for AMED ($575.01) NETFLIX 10/08/2010 O BTC NFLX OctWk2 155 Call 5 $0.05 $14.95 ($40.00) 10/07/2010 O STO NFLX OctWk2 155 Call 5 $0.45 $14.95 $209.99 169.99 Total Realized Gain/Loss for NFLX $169.99 Total Realized Gain/Loss $834.94 I got a loss from their AMED trade. I did get out of the short NFLX call at with that $169.99 gain in 2 days lol. What I did now is short the 150 call that expires today. Sold it for 0.75. I think NFLX will stay below $151 today and I'm playing on that notion. If NFLX does trade above $151, I will close out before the day is over. Taking on risk, but it just seems like the right move with NFLX and the over all market in a daze. I'll post up that winner tomorrow if I can catch it. Still, I now have to put up $10,000 to hold this thing here as it created a credit spread. So far, my realize gain is $834.94, but still have that hefty loss on NFLX Oct. 170 call that cost over $1600, and is now worth $170. Yep still at a loss......unless I can make a miracle happen with those 150 short today and another short spread position next week. This will be a miracle.