Tuesday, March 27, 2012

Options Trades

I have a separate smaller options account to suffice for my need to gamble.  I usually sell puts against companies I'd like to own but I do have some speculative plays.  I will try and mention any new trades with this account as well.

I have three options trades that are still open for this year.  I had some GE puts and WM puts expire.  I will mention my purchases since the beginning of the year.  I have three trades still open.

Open:


01/19/12 Sold 2 TSM July 21 '12 $15 Puts 1.80
01/23/12 Sold 1 KMI June 16 '12 $30 Put 2.25
03/12/12 Sold 1 AZN Oct 20 '12 $45 Put 3.00


Closed Out:

01/03 - Sold 1 RIG $35 May 19 '12 PUT for $2.11
03/12 - Bought to close 1 RIG $35 May 19 '12 PUT for .09
Profit - $202.00 before brokerage fees

01/06 - Bought 10 SLV Jan 19 '13 $45 Calls 1.05
01/26 - Sold to close 5 SLV Jan 19'13 $45 Calls 1.85
02/28 - Sold to close 5 SLV Jan 19 '13 $45 Callas 2.03
Profit - $890 before brokerage fees


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