Monday, February 12, 2007

Olympiad Day 16

New Positions:
Longs:
70 HYDL @ 95.56
151 NVL @ 43.97
266 NWS @ 25.06
205 BGC @ 48.72

Shorts:
538 MU @ 12.38
358 ENER @ 27.91
200 BQI @ 4.03

Long Option Positions:
Bought 8 NVL March 45 Calls @ .41
Bought 22 NFI March 15 Puts @ 2.40 <--Woh there, slow down....
Bought 27 MU March 10 Puts @ .05 <--Kinda cool
Bought 54 JRCC March 5 Puts @ .30
Bought 13 NWS March 30 Calls @ .05

This was part of a new strategy that was not supposed to run where stock trades are done in tandom with option buys. To amplify that proven strategy...

Naked Options Sold:
44 NFI Feb Feb 15 Puts @ .80 <--I'm confused how/why it did this, but bravo!

Closed Positions:
Covered 5 CBRX Feb 2.5 Puts @ 1.20 -1.10 <--Disaster of a trade this was
Sold 389 AXL @ 25.05 -.68
Covered 200 BQI @ 4.14 -.09 <--There was some error that caused this trade...
Covered 358 ENER @ 28.06 -.15

Closing Liquidation: $108,065

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