Friday, November 5, 2010

Close out TRV/AWH

TRV at 56.9, AWH at 59.38

Close Out GOOG

Closing Out google call spread.

Thursday, November 4, 2010

Close Out FSR/CB

FSR at 11.77, CB at 59.76

Close Out ADBE

Taking Profits.

Closed ADBE at 29.39. Jan 32 call at 1.7, Jan 36 call at 0.37

Wednesday, November 3, 2010

Tuesday, November 2, 2010

Close out ADBE Put

Close out ADBE Put at 0.17. Locking in the gains on the option.

Friday, October 29, 2010

October Performance (Tech bets save the day)

Ended the month down 1.5%. Some of the tech bets were the saving grace for the month.

Put Spread on AAPL contributed  0.4% to the portfolio.

 Call Spread on GOOG + speculative put selling contributed 0.7% to the portfolio.

MSFT contributed  0.5% to the portfolio.

ADBE contributed 0.2% to the portfolio.

NFLX contributed  -.3% to the portfoio.

In total the tech bets made 1.5%. I guess these are offset by 3% loss in pairs bets.

Friday, October 22, 2010

Short NFLX

Opening a small short exposure to NFLX.

Buy November 155 put at 3.6, Sell November 140 Put at 1.22.  Given that there are weekly options for the month of expiration. There are better opportunities to capture theta in these options. Would recommend selling earlier maturity options if only interested in theta. Beware that the delta move might kill the trade. Of course you will still be left with decent theta if the stock moves in your favor.

Wednesday, October 20, 2010

New Trade (Retail)

Long URBN at 29.44, Short TIF at 49.83

Time Spread on AAPL

Opening a time spread on aapl. Buy Nov 300 Put at 6.7, Sell October 300 Put at 1.31.  Worst case we lose $540.