05.30.08
AMED -50%
My long calls on AMED did not pan out the way I was hoping it to. The bull flag breakout never occurred and the losses were mounting. I decided to close the trade and take my lumps. Overall, my total loss was -1.49 / 2.98 = -50%.
LFC -10%
After my meeting this past Wednesday, LFC doesn’t seem to be going the way I anticipated. I closed the trade and decided to cut my losses. I got out for a debit of .88. That gives me a loss of -.18 / 1.80 = -10%.
NMX Double Calendar
I opened up a double calendar on Nymex.
June / July 90 Calls
June / July 95 Calls
Total Debit of 3.10
BEN Double Calendar
Recently, I opened up a double calendar on Franklin Resources. Here are the details:
June / July 95 Calls
June / July 100 Calls
Total Debit of 3.43
RUT BLPS
One week ago, I opened up a bull put spread on the RUT. Here are the details:
July 620/610 for a credit of .60.
05.28.08
V +32%
I closed my Visa put calendar today for a credit of 1.65. That gives me a profit of .40 / 1.25 = 32%!
05.27.08
BCS +18.6%
I closed my double calendar on Barclays today for a credit of 2.42. That gives me a profit of .38 / 2.04 = 18.6% in less than 2 weeks!
05.23.08
USO BLPS
With rising oil prices, I entered into a June 99/100 bull put spread for a credit of .35.
05.22.08
S Bull Call Spread
I opened up a bull call spread on Sprint recently.
June 8/9 Calls – Debit of .60
RTH Calendar
Yesterday, I opened up a June / July 95 Put calendar on RTH for a debit of 1.20.
