Bought Jan 22 2011 $20 Calls on CCJ for $4.50 per share.
My June $108 SPY puts will expire unexercised.
Showing posts with label SPY. Show all posts
Showing posts with label SPY. Show all posts
Friday, June 18, 2010
Friday, June 11, 2010
SPXU, FPL, SPY calls
Yesterday I was in and out of SPXU, with a 1.4% loss--ouch. I sold FPL for $50.27. I also closed my June $12.50 GTI puts for $0.05.
Today I sold my SPY June $107 calls for $3.00.
Today I sold my SPY June $107 calls for $3.00.
Wednesday, June 9, 2010
SPXU, SPY straddle
Ahead of the Beige Book release:
Bought SPXY (S&P 500 3x short), for $35.80.
Bought a June straddle on SPY (bought June $107 calls @ $2.23, bought an equal number June $108 puts @ $2.42).
One buys straddles when one anticipates a large move in a stock or index, but doesn't know in what direction.
Bought SPXY (S&P 500 3x short), for $35.80.
Bought a June straddle on SPY (bought June $107 calls @ $2.23, bought an equal number June $108 puts @ $2.42).
One buys straddles when one anticipates a large move in a stock or index, but doesn't know in what direction.
Friday, May 7, 2010
MDT, LNN, PG, AAPL, GOOG, GSK, SPY
My goodness, what a week!
On the 28th I closed my outstanding puts on MDT and LNN, for $2.40 and $1.75, respectively.
On the 4th, I bought PG outright for $62 per share. I also bought 2012 calls on AAPL ($54.50 per share, strike @ $260) and GOOG ($91 per share, strike @ $510).
On the 5th, I bought GSK 2012 $40 strike calls for $2.80.
On the 7th, I bought AAPL 2012 $230 strike calls for $58.00. I also sold my GOOG stock (not the calls) because I believe my GOOG calls give me enough exposure to that stock.
Finally, I bought May 22 2010 $105 strike puts on SPY for $1.65. With just two weeks until expiration, that's a pure spec position. After the bizarro world action of the past week, I want a hedge.
On the 28th I closed my outstanding puts on MDT and LNN, for $2.40 and $1.75, respectively.
On the 4th, I bought PG outright for $62 per share. I also bought 2012 calls on AAPL ($54.50 per share, strike @ $260) and GOOG ($91 per share, strike @ $510).
On the 5th, I bought GSK 2012 $40 strike calls for $2.80.
On the 7th, I bought AAPL 2012 $230 strike calls for $58.00. I also sold my GOOG stock (not the calls) because I believe my GOOG calls give me enough exposure to that stock.
Finally, I bought May 22 2010 $105 strike puts on SPY for $1.65. With just two weeks until expiration, that's a pure spec position. After the bizarro world action of the past week, I want a hedge.
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