Tuesday, February 20, 2007

Olympiad Day 21


New Positions:
Longs:
79 NPRH @63.59
92 TIN @ 54.32
88 WFR @ 56.53
38 MLM @ 132.32
100 RMBS @ 22.01 <--How did RMBS show up in the 52-week high list!? 101 FSLR @ 49.41 Shorts: 251 CORS @ 19.86 124 APC @ 40.37 200 FBR @ 6.97 New Naked Option Positions: 50 THLD March 5 Calls @ .55 50 KRY March 2.5 Puts @ .10
50 NFI March 20 Calls @ 1.20
<--F@#$ING AMAZING!
50 IIG March 15 Puts @ .45 <--A big money maker last month (feb 20 calls)

Closed Positions:
Sold 88 WFR @ 54.78 -1.75
Covered 200 FBR @ 7.16 -.19
Covered 251 CORS @ 20.54 -.68

(See the screen shot above, the winners kept winning with a few of today's trades stopped out. no biggie)

Closing Liquidation Value: $112,065 -380 <--Op ex profits were offset by the cost of establishing new option positions (the spread causes an instant loss on market purchases)

Expect a big, a very big pop tomorrow as the software's biggest position hit a major home run today in the after hours. NFI cratered 45% while my software was long 22 NFI March 15 puts and short 50 naked 20 calls. word.

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