The Money Tree

Safely Generating Income in Retirement

What Others are Trading – SEP 2011

Posted by mounddweller on September 1, 2011

Fellow Traders,

Here is the monthly post to which you can post the results of your own trades.  What’s been working for you?  What hasn’t?  Enquiring minds want to know.

Regards,

Troy

 

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2 Responses to “What Others are Trading – SEP 2011”

  1. dealmakr said

    Hi Troy,

    Have been trading the weeklies on GE,INTC,XOM,CSCO. Mostly CC’s as I did get a bit more exposed on the NP side than I want. INTC on the NP side @ 18 & 19, XOM @ 67.50, CSCO still trying to gain back a bit of premium and have been writing weekly CC’s, also GE weekly CC’s and farther out NP’s. A few updates;

    Trading Position CSCO 09/02/11

    CSCO still can’t seem to get legs. Left that in there from the prior posting.

    Opened another round of weekly 16 calls and will look to do so for the near term until this market shows a bit more stability then will look for some longer dated entry.

    Still underwater on this setup, but have had better success in short term trading the stock as opposed to writing options.

    The trades posted here are used specifically in an options trading position and are not reflective of what also may take place overall in swing & daytrading CSCO where the profits / losses won’t be applied here and the size of the position much larger and the timeframe much shorter, but every type of trade has its own parameters for risk/reward.

    12/31/10 Sold 25 Apr 18 Put .42*
    02/23/11 Sold 25 Jul 16 Put .45*
    04/11/11 Sold 15 May 18 Call .50*
    04/12/11 Bot 1500 CSCO 17.58 (26370)
    04/12/11 Sold 10 May 18 Call .45*
    04/13/11 Bot 1000 CSCO 17.28 (17280)
    04/25/11 Sold 25 04/29 17 Put .14*
    05/09/11 Sold 50 05/13/11 16 Put .05*
    05/09/11 Sold 25 05/13/11 17 Put .25*
    05/16/11 Sold 10 Jun 17 Put .58*
    05/16/11 Sold 25 Jul 17.5 Call .31*
    05/17/11 Sold 15 Jun 17 Put .63*
    05/17/11 Sold 10 Aug 16 Put .61*
    05/18/11 Sold 15 Aug 16 Put .65*
    05/23/11 Sold 50 05/27/11 16 put .06*
    06/03/11 Sold 75 06/10/11 16 put .15*
    06/10/11 Bot 2500 CSCO 16 exercise (40000)
    07/13/11 Sold 25 Aug 16 Call .44*
    07/13/11 Sold 25 Aug 17 Call .16*
    08/19/11 Sold 50 08/26/11 16 Call .13*
    08/25/11 Sold 50 09/02/11 16 Call .06*
    09/02/11 Sold 50 09/09/11 16 Call .08

    Closed trades Profit/Loss

    04/13/11 Bot close 25 Apr 18 Put .76 (850)
    04/29/11 Expired 25 04/29/11 17 Put 350
    05/13/11 Expired 50 05/13/11 16 put 250
    05/13/11 Bot close 25 05/13/11 17 put .15 250
    05/21/11 Expired 25 May 18 Call 1200
    05/27/11 Expired 50 05/27/11 16 Put 300
    06/10/11 Bot close 50 06/10/11 16 Put .71 (2800)
    06/10/11 Bot close 25 Jun 17 Put 1.93 (3300)
    06/10/11 Exercised 25 06/10/11 put 375
    07/05/11 Dividend .06 on 5000 shares 300
    07/13/11 Bot close 25 Jul 16 Put .42 75
    07/14/11 Bot close 25 Aug 16 put .75 (290)
    07/15/11 Expired 25 Jul 17.5 Call 775
    08/19/11 Expired 25 Aug 16 call 1100
    08/19/11 Expired 25 Aug 17 call 400
    08/26/11 Expired 50 08/26/11 16 Call 650
    09/02/11 Expired 50 09/02/11 16 Call 300

    Total return on closed trades (915)

    Stock closed 09/02/11 15.41

    Short 50 09/09/11 16 Call 400

    Net Position Exposure

    Long 5000 CSCO avg/share 16.73 (83650)

    Covered Calls 5000 shares

    Position updated SVU 09/02/11

    03/23/11 Bot 4000 SVU 8.38 (33520)
    03/23/11 Sold 40 Apr 7 put .05*
    03/23/11 Sold 40 Jul 9 call .60
    03/29/11 Bot 2500 SVU 8.77 (21925)*
    03/29/11 Sold 25 May 9 Call .55*
    04/04/11 Bot 2500 SVU 8.99 (22475)*
    04/04/11 Sold 25 Apr 9 Call .35* (round1)

    07/27/11 Bot 4000 SVU 8.70 (34800)
    07/27/11 Sold 40 Aug 9 Call .30*
    08/01/11 Sold 25 Aug 8 Put .25*
    08/10/11 Sold 25 Aug 7 Put .40*
    08/10/11 Sold 25 Aug 7 Put .46*
    08/10/11 Sold 20 Oct 9 Call .2
    08/12/11 Sold 20 Oct 9 Call .31
    08/12/11 Sold 50 Aug 6 Put .06*
    08/19/11 Bot 2500 SVU 8 (20000) exercise
    08/26/11 Sold 20 Sep 7 Put .46
    08/31/11 Sold 25 Sep 8 Call .35

    Closed trades Profit/Loss

    04/16/11 Expired 40 Apr 7 Put 200
    04/16/11 Exercised 25 Apr 9 Call 875
    04/16/11 Sold 2500 SVU 9 25
    04/20/11 Bot close 25 May 9 Call 1.85 (3250)
    04/20/11 Sold 2500 SVU 10.80 5075
    05/27/11 Dividend on 4000 SVU .0875/share 350
    06/08/11 Sold 4000 SVU 8.77 1560
    06/08/11 Bot close 40 Jul 9 Call .45 600

    Total return P/L on closed trades 5435 (round 1)

    08/19/11 Expired 50 Aug 6 put 300
    08/19/11 Expired 40 Aug 9 Call 1200
    08/19/11 Exercise 25 Aug 8 Put 625
    08/19/11 Bot close 50 Aug 7 Put .05 1900
    08/30/11 Dividend on 6500 SVU 568.75

    Total return P/L on closed trades 4593.75 (round 2)

    Long 6500 SVU avg/share 8.43 (54800)

    Stock closed 09/02 7.59

    Short 20 Sep 7 Put 920
    Short 25 Sep 8 Call 875
    Short 40 Oct 9 Call 1020

    Net position Exposure

    Covered Calls 6500 shares
    Naked Puts 2000 shares

    Tough to trade with no power for a week using the laptop, but at least SVU made a bit of progress.

    Good Trading

    dealmakr

    Still working out the HBAN & XRX positions and will update after Sep expiration.

    Some others that I am looking at WM,GLW,MIPS,MSFT (a few open Oct 20 puts, but will probably close them soon).

  2. Jason said

    Sold 7 CSCO 09092011 $15 weekly puts this morning for $.24 (3 days to expiration)

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