OK, that was an annoying day!
I felt very much like Rocky as Greenspan was talking, watching our portolios take a serious beating but thinking all the while "Come on Greenspan, is that all you’ve got?" It’s going to be a tough call into the weekend and I’m going away ahead of the market close tomorrow so if things don’t turn up, I may want to move to cash or covers, we’ll have to see how the morning treats us.
We were up over 20% for a while this morning but now up just 14% but still not too bad considering how awful the market is looking. Those GOOG $510s are killing us of course but now that we ditched the AAPLs we have cash ($6,937) so we can make an adjustment if we have to. At this point, I do not believe we’ll get a very big gain from GOOG in time to take the risk to hold it as premium erosion hits us too hard starting next week so we’ll have to be careful there.
| Description |
Type |
Cost Basis |
Opened |
Sale Price |
Closed |
Days |
Gain/Loss $ % |
| AAPL |
| 10 Aug 2008 175.00 AAPL CALL (APVHO) |
SC |
$ 810.00 |
7/25/2008 |
$ 1,560.00 |
7/28/2008 |
3 |
|
| 10 Aug 2008 165.00 AAPL CALL (APVHM) |
LC |
$ 3,830.00 |
7/25/2008 |
$ 3,790.00 |
7/31/2008 |
6 |
|
| Total Gain/Loss for AAPL |
|
| FRE |
| 5 Aug 2008 9.00 FRE CALL (FREHL) |
SC |
$ 350.00 |
7/30/2008 |
$ 490.00 |
|
1 |
|
| 6 Oct 2008 9.00 FRE CALL (FREJL) |
LC |
$ 1,348.00 |
7/25/2008 |
$ 1,020.00 |
|
6 |
|
| 5 Aug 2008 8.00 FRE CALL (FREHS) |
SC |
$ 520.00 |
7/25/2008 |
$ 820.00 |
7/29/2008 |
4 |
|
| 5 Aug 2008 8.00 FRE PUT (FRETS) |
SP |
$ 500.00 |
7/25/2008 |
$ 670.00 |
|
6 |
|
| 5 Oct 2008 7.50 FRE PUT (FREVU) |
LP |
$ 1,125.00 |
7/25/2008 |
$ 925.00 |
|
6 |
|
| Total Gain/Loss for FRE |
|
| GOOG |
| 8 Aug 2008 540.00 GOOG CALL (GOPHX) |
SC |
$ 810.00 |
7/25/2008 |
$ 1,350.00 |
7/28/2008 |
3 |
|
| 10 Aug 2008 510.00 GOOG CALL (GOPHU) |
LC |
$ 4,510.00 |
7/24/2008 |
$ 2,500.00 |
|
7 |
|
| 4 Aug 2008 530.00 GOOG CALL (GOPHW) |
SC |
$ 750.00 |
7/21/2008 |
$ 850.00 |
7/22/2008 |
1 |
|
| 5 Aug 2008 520.00 GOOG CALL (GOPHV) |
LC |
$ 1,560.00 |
7/21/2008 |
$ 2,890.00 |
7/23/2008 |
2 |
|
| Total Gain/Loss for GOOG |
|
| HOV |
| 10 Sep 2008 7.50 HOV CALL (HOVIU) |
LC |
$ 1,010.00 |
7/24/2008 |
$ 950.00 |
|
7 |
|
| Total Gain/Loss for HOV |
|
| QQQQ |
| 10 Sep 2008 44.00 QQQQ CALL (QQQIR) |
LC |
$ 2,360.00 |
7/23/2008 |
$ 2,740.00 |
7/30/2008 |
7 |
|
| Total Gain/Loss for QQQQ |
|
| RIMM |
| 5 Aug 2008 125.00 RIMM CALL (RULHE) |
LC |
$ 910.00 |
7/22/2008 |
$ 1,490.00 |
7/23/2008 |
1 |
|
| Total Gain/Loss for RIMM |
|
| SGP |
| 10 Aug 2008 22.50 SGP CALL (SGPHX) |
LC |
$ 510.00 |
7/21/2008 |
$ 340.00 |
7/31/2008 |
10 |
|
| Total Gain/Loss for SGP |
|
| Total Gain/Loss |
|
