June 2004 Trades

Basic Strategy

Spread Trades

Index Trades


 

Basic Strategy 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 Positions

0

$0.00

$0.00

$0

$0

$0.00

$0.00

Open

Total Value

$0

Bought

Sold

Date

Contracts

Price

Total

Cash

$2,180

ETN July$57.50P

6/2/2004

4

$1.50

$600

$2,780

FNM Sep$65C

6/2/2004

4

$4.50

$1,800

$4,580

KBH July$65C

6/4/2004

4

($3.40)

($1,360)

$3,220

LXK July$90C

6/7/2004

6

($4.90)

($2,940)

$280

DNA July$60C

6/9/2004

4

$0.70

$280

$560

KBH July$65C

6/10/2004

4

$2.00

$800

$1,360

IBM July$85C

6/14/2004

4

$5.60

$2,240

$3,600

MSTR July$50P

6/14/2004

4

$6.60

$2,640

$6,240

LXK July$90C

6/17/2004

6

$7.00

$4,200

$10,440

KRI July$75P

6/18/2004

4

($1.95)

($780)

$9,660

VAR Aug$80C

6/21/2004

2

($4.00)

($800)

$8,860

ASKJ July$35P

6/22/2004

4

($3.40)

($1,360)

$7,500

KRI July$75P

6/23/2004

4

$3.00

$1,200

$8,700

ASKJ July$35P

6/23/2004

4

$1.60

$640

$9,340

AGN July$90C

6/24/2004

2

($2.20)

($440)

$8,900

VAR Aug$80C

6/24/2004

2

$2.50

$500

$9,400

AGN July$90C

6/30/2004

2

$1.10

$220

$9,620

Portfolio

Value

$9,620

June

Profit/(Loss)

($380)

Spread Trades

 

Date Trade Type Underlying Stock Expiration Month Type Of Order Strike Price Option Type Option Symbol Opening Price* Net Debit
6/14/04 Calendar Spread GDT Jan

July

Buy To Open

Sell To Open

55

55

Puts

Puts

GDT MK

GDT SK

-4.20

+1.50

$2.70

 

Opening  Debit (-) Credit (+)

Number Of Contracts

Cost of Trade

Additional Margin Requirements

Current Liquidation Value

Profit (Loss)

Stop

-2.70

8

-$2160

$0 2640 +480 -800

Maximum profit is achieved if GDT closes just above 55 as of expiration day for July options on July 17.


 

Date Trade Type Underlying Stock Expiration Month Type Of Order Strike Price Option Type Option Symbol Opening Price* Net Debit
6/16/04 Bear Debit Spread ADP July

July

Buy To Open

Sell To Open

45

42.50

Puts

Puts

ADP RI

ADP SV

--1.65

+.45

$1.20

 

Opening  Debit (-) Credit (+)

Number Of Contracts

Cost of Trade

Additional Margin Requirements

Current Liquidation Value

Profit (Loss)

Stop

-1.20

20

-$2400

$0 4600 +2200 -1000

Maximum profit is achieved if ADP closes just above 42.50 as of expiration day for July options on July 17.


 

Date Trade Type Underlying Stock Expiration Month Type Of Order Strike Price Option Type Option Symbol Opening Price* Net Debit
6/17/04 Calendar Spread ESI July

October

Sell To Open

Buy To Open

40

40

Puts

Puts

ESI SH

ESI VH

+2.05

-4.50

-$2.45

 

Opening  Debit (-) Credit (+)

Number Of Contracts

Cost of Trade

Additional Margin Requirements

Current Liquidation Value

Profit (Loss)

Stop

-2.45

9

-$2205

$0 2115 -90 -800

Maximum profit is achieved if ESI closes just above 40 as of expiration day for July options on July 17.


 

Index Trades

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.

PositionSymbol ContractsEntry CurrentProfit/Loss ValueStopGoal Close Date
PricePrice
No Open Positions0 $0.00$0.00$0 $0$0.00$0.00
Total Value$0
BoughtSold DateContracts PriceTotalCash
$4,000
OEX June$540C6/1/2004 1$8.60$860 $4,860
MNX July$147.50P6/14/2004 4($4.00)($1,600) $3,260
MNX July$147.50P6/21/2004 4($3.80)($1,520) $1,740
MNX July$147.50P6/24/2004 4$1.60$640 $2,380
MNX July$147.50P6/24/2004 4$1.60$640 $3,020
PortfolioValue $3,020
JuneProfit/(Loss) ($1,980)