Wednesday, February 7, 2007

Olympiad Day 13

New Positions:
Longs:
274 BMC @ 36.56
392 MAT @ 25.53 <--Fantastic
122 IWN @ 82.27 <--Fantastic
109 PCP @ 92.04 <--Fantastic
75 VNO @ 133.89 <--Fantastic

Closed Positions:
Covered 400 SIRI @ 3.71 +.04
Covered 300 NKTR @ 12.09 -.01
Covered 400 AMD @ 15.52 +.49
Sold 458 HC @ 22.65 +.57
Sold 100 PCP @ 92.10 +.06
Covered 242 SLM @ 42.53 - 1.19

Closing Liquidation: $104,655 <--A new record!

Today was all about naked options becoming more worthless as volatility dried up and expiration became closer. Especially in the crutial position of being short 65 IIG Feb 25 Calls, it made a fortune today on them.

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