Monday, July 13, 2009

Week of July13, 2009

Hi, I welcome any comments on your view and strategy for this week. Feel free.

7 comments:

  1. I have some thought but have not had a chance to figure out in details.

    I have STP stock with me. What if I do the following trades:

    1. Sell Aug 16 call @ 1
    2. Sell Aug 14 put @ 1.30

    If STP ends with:
    a) 17 and above: I collect both premiums and give up my stock
    b) between 16 and 17: earn put premium. Row forward my call.
    c) between 14 and 16. Collect both premiums
    d) between 14 and 12.7: collect call premium. Row forward my put.
    e) 12.7 and below. collect call premium. Row forward my put.

    Advice and comment are much appreciated.

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  2. My trade last night.
    Sold AIG Aug 19 call @ 1.4
    I hope it sticks. A long way to go.

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  3. Rolled forward my C july 3 put to Aug. A friend of my closed his July 3 put and bought an naked Aug 3 call.

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  4. Today, sold AIG Aug 9 put @ 0.79. Wanted to sell more contract but running out of fund. After today, should be able to write more as the July option would expire.

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  5. A friend bought C Aug 3 call. If it goes up accordingly, he will be a very happy person...

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  6. On July 15, I sold Aug 3 Put at $0.45. I closed this today at $0.05. Rough 6% net.

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  7. Closed my AIG 9 Put @ $0.17 on Aug 4th. Net 5.6%...

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