July Positions

Happy July Everyone!

Managing to generate income and lower basis using covered calls. The downside, for me, with using covered  calls is losing opportunity for a nice gain. One can always buy the stock back, but I have not trained myself to this yet.

2012/06/28 B CLF 46.10
2012/06/29 S CLF 48.92

2012/06/29 SS LNKD 106.45
2012/07/06 CS LNKD 109.40

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2012/03/16 BOUGHT FCX 38.70
2012/03/23 BOUGHT FIO 29.1999
2012/05/04 BOUGHT CLF 58.90

2012/04/19 BOUGHT OXY 88.682012/04/27
SOLD OXY May 4, 2012 92.50 Call 1.100
2012/05/04 BASIS OXY 87.58
2012/06/07 S June 16, 2012 87.50C 1.05 (Expired)
2012/06/07 BASIS OXY 86.53
2012/07/03 S July 21, 2012 $90 Call 1.20 (Expired)
2012/07/03 BASIS OXY 85.33

2012/05/30 B SINA 54.25
2012/06/07 S June 16, 2012 57.50C 1.05
2012/05/07 BASIS SINA 53.20
2012/06/22 S June 29, 2012 55C 1.20
2012/06/22 BASIS SINA 52

2012/02/27 BOUGHT SODA 44.60
SOLD MAR42.50C 5.50 (Expired)
2012/03/16 BASIS SODA 39.30
2012/05/10 SOLD May 19 37.50C 1.30
2012/05/10 BASIS SODA 38
2012/06/22 S July 21, 2012 40C 1.10
2012/06/22 BASIS SODA 36.90

June Position

Glad May is over but summer is not going to be easy either.

When going fishing, there's always a chance of catching nothing, catching a boot, and catching a nice fish. Fishing requires patience.

2012/06/01 B AAPL 562
2012/06/09 S AAPL 572

2012/05/09 B GMCR 26.50
2012/06/04 S GMCR 22.05

2012/06/08 B BBY 19.75 - below 19.25 get out.
2012/06/15 S BBY 20.20

2012/05/21 BOUGHT CLF 49.20
2012/06/20 SOLD CLF 51.83

2012/06/14 B POT 37.75
2012/06/15 SOLD POT June 22, 2012 $38 Call 1.05
2012/06/22 S POT 38

2012/06/18 SHORT LNKD 103.10 risk 3-5%
2012/06/28 COVER LNKD 104.10

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2012/03/16 BOUGHT FCX 38.70

2012/03/23 BOUGHT FIO 29.1999

2012/02/27 BOUGHT SODA 44.60
SOLD MAR42.50C 5.50 (Expired)
2012/03/16 BASIS SODA 39.30
2012/05/10 SOLD May 19 37.50C 1.30
2012/05/10 BASIS SODA 38
2012/06/22 S July 21, 2012 40C 1.10
2012/06/22 BASIS SODA 36.90

2012/04/19 BOUGHT OXY 88.68
2012/04/27 SOLD OXY May 4, 2012 92.50 Call 1.100
2012/05/04 BASIS OXY 87.58
2012/06/07 S June 16, 2012 87.50C 1.05
2012/06/07 BASIS OXY 86.53

2012/03/28 BOUGHT GLW 14.20

2012/05/04 BOUGHT CLF 58.90
2012/06/28 B CLF 46.10

2012/05/08 BOUGHT ANR 13.80 #ESA
2012/05/15 BOUGHT ANR 12.70 #ENT

2012/05/30 B SINA 54.25
2012/06/07 S June 16, 2012 57.50C 1.05
2012/05/07 BASIS SINA 53.20
2012/06/22 S June 29, 2012 55C 1.20
2012/06/22 BASIS SINA 52

MAY Position

2012/04/27 BOUGHT YELP 21.50
2012/05/01 SOLD   YELP 22.92

2012/04/18 BOUGHT SINA 59.90 #ROTH
2012/05/02 SOLD   SINA 60.40

2012/05/01 SHORT CMG 418.80
2012/05/04 COVER CMG 410.13 got robbed

2012/05/01 SHORT LULU 75.25
2012/05/04 COVER  LULU 80.00

2012/03/23 BOUGHT SINA 69.25
2012/05/16 SOLD   SINA 57.88

2012/03/07 SHORT CRM 142.50
2012/05/08 COVER CRM 147.24

2012/04/20 BOUGHT UPL 18.90
2012/05/10 SOLD   UPL 21.14

2012/05/22 SHORT  CRM 149.00 GAMBLE short 149 for 3 pts risk
2012/05/24 COVER  CRM 147.50

2012/05/14 BOUGHT BVN 36.90 GET OUT CLOSE BELOW 35
2012/05/29 SOLD BVN 38.80
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2012/13/16 BOUGHT FCX 38.70

2012/02/27 BOUGHT SODA 44.60
SOLD MAR42.50C 5.50 (Expired)
2012/03/16 BASIS SODA 39.30

2012/05/10 SOLD May 19 37.50C 1.30
2012/05/10 BASIS SODA  38

2012/04/19 BOUGHT OXY 88.68
2012/04/27 SOLD   OXY May 4, 2012 92.50 Call 1.100
2012/05/04 BASIS  OXY 87.58

2012/03/23 BOUGHT FIO 29.1999
2012/03/28 BOUGHT GLW 14.20

2012/05/04 BOUGHT CLF 58.90
2012/05/21 BOUGHT CLF 49.20

2012/05/09 BOUGHT GMCR 26.50
2012/05/08 BOUGHT ANR 13.80 #ESA
2012/05/15 BOUGHT ANR 12.70 #ENT