August 2004 Trades
This portfolio begins the first day of each month with $10,000 made up of the open positions from the previous month plus cash.
Disclaimer: This chart is for demonstration purposes only. No representation is made that these same returns are achieved by our subscribers. Remember, past performance is no guarantee of future results.
We suggest that when this portfolio is in negative territory most traders would best be served by standing aside.
|
Position |
Symbol |
Contracts |
Entry |
Current |
Profit/Loss |
Value |
Stop |
Goal |
Close Date |
|
Price |
Price |
| |||||||
|
| |||||||||
|
No Open Postiions |
0 |
$0.00 |
$0.00 |
$0 |
$0 |
$0.00 |
$0.00 |
Open | |
|
| |||||||||
|
Total Value |
$0 |
| |||||||
|
| |||||||||
|
Bought |
Sold |
Date |
Contracts |
Price |
Total |
Cash |
| ||
|
$6,850 |
| ||||||||
|
| |||||||||
|
NVLS Sep$25C |
8/4/2004 |
5 |
$1.90 |
$950 |
$7,800 |
| |||
|
LLTC Sep$37.50P |
8/4/2004 |
10 |
($1.60) |
($1,600) |
$6,200 |
| |||
|
IBM Sep$85C |
8/5/2004 |
5 |
$2.10 |
$1,050 |
$7,250 |
| |||
|
CDWC Sep65P |
8/6/2004 |
5 |
($5.50) |
($2,750) |
$4,500 |
| |||
|
LLTC Sep$37.50P |
8/11/2004 |
10 |
$3.40 |
$3,400 |
$7,900 |
| |||
|
QCOM Sep$70P |
8/11/2004 |
5 |
($4.10) |
($2,050) |
$5,850 |
| |||
|
CDWC Sep$65P |
8/11/2004 |
5 |
$8.50 |
$4,250 |
$10,100 |
| |||
|
QCOM Sep$35P |
8/18/2004 |
10 |
$1.25 |
$1,250 |
$11,350 |
| |||
|
FLIR Oct$60C |
8/18/2004 |
5 |
($5.60) |
($2,800) |
$8,550 |
| |||
|
QLGC Oct$22.50C |
8/18/2004 |
8 |
($2.50) |
($2,000) |
$6,550 |
| |||
|
AMZN Sep$40C |
8/19/2004 |
5 |
($2.05) |
($1,025) |
$5,525 |
| |||
|
FLIR Oct$60C |
8/23/2004 |
5 |
$8.00 |
$4,000 |
$9,525 |
| |||
|
BBH Oct$140C |
8/27/2004 |
5 |
($5.90) |
($2,950) |
$6,575 |
| |||
|
AMZN Sep$40C |
8/30/2004 |
5 |
$1.00 |
$500 |
$7,075 |
| |||
|
QLGC Oct$22.50C |
8/31/2004 |
8 |
$3.50 |
$2,800 |
$9,875 |
| |||
|
BBH Oct$140C |
8/31/2004 |
5 |
$4.00 |
$2,000 |
$11,875 |
| |||
|
| |||||||||
|
Portfolio |
Value |
$11,875 |
| ||||||
|
August |
Profit/(Loss) |
$1,875 |
|
| Date | Trade Type | Underlying Stock | Expiration Month | Type Of Order | Strike Price | Option Type | Option Symbol | Opening Price* | Net Credit |
| 7/9/04 | Credit Spread | ACS | August August |
Sell To Open Buy To Open |
50 55 |
Calls Calls |
ACS HJ ACS HK |
+2.95 -.85 |
$2.45 |
| Opening Debit (-) Credit (+) |
Number Of Contracts |
Cost of Trade |
Additional Margin Requirements |
Current Liquidation Value |
Profit (Loss) |
Stop |
| +2.10 |
7 |
+$1470 |
$2030 | -770 | +500* | +500 |
Maximum profit is achieved if ACS closes below 50 when August options expire on August 21st. If that happens, both options will expire worthless and we will keep the $1470 Credit we got when putting on the trade.
* This trade closed out on 8/18 when it triggered our adjusted stop for a $500 profit.
| Date | Trade Type | Underlying Stock | Expiration Month | Type Of Order | Strike Price | Option Type | Option Symbol | Opening Price* | Net Debit |
| 728/04 | Bear Debit Spread | CCL | August August |
Buy To Open Sell To Open |
45 42.50 |
Puts Puts |
CCL TI CCL TV |
-.95 +.30 |
$0.65 |
| Opening Debit (-) Credit (+) |
Number Of Contracts |
Cost of Trade |
Additional Margin Requirements |
Current Liquidation Value |
Profit (Loss) |
Stop |
| -0.65 |
30 |
-$1950 |
$0 | 3450 | +1500* | +1500 |
Maximum profit (about 100%) is achieved if CCL closes below at or below $42.50 as of expiration day for August options on August 21st. . (Actually, if CCL closes just above $42.50, the options we sold will expire worthless and we won't have to spend commission money to close them out.)
* This trade closed out on 8/16 when it triggered our adjusted stop for a $1500 profit.
This portfolio begins the first day of each month with $5,000 made up of the open positions from the previous month plus cash.
Disclaimer: This chart is for demonstration purposes only. No representation is made that these same returns are achieved by our subscribers. Remember, past performance is no guarantee of future results.
We suggest that when this portfolio is in negative territory most traders would best be served by standing aside.
| Position | Symbol | Contracts | Entry | Current | Profit/Loss | Value | Stop | Goal | Close Date |
| Price | Price | ||||||||
| OEX Oct$540C | OEB JH | 1 | $10.60 | $9.70 | ($90.00) | $970 | OEX = 535 | OEX = 545 | |
| Total Value | $970 | ||||||||
| Bought | Sold | Date | Contracts | Price | Total | Cash | |||
| $2,880 | |||||||||
| MNX Sep$135P | 8/4/2004 | 6 | ($3.60) | ($2,160) | $720 | ||||
| OEX Sep$540C | 8/5/2004 | 2 | $8.40 | $1,680 | $2,400 | ||||
| MNX Sep$135P | 8/6/2004 | 6 | $6.25 | $3,750 | $6,150 | ||||
| OEX Oct$540C | 8/6/2004 | 1 | ($10.60) | ($1,060) | $5,090 | ||||
| Portfolio | Value | $6,060 | |||||||
| August | Profit/(Loss) | $1,060 |