« 8/1/2007 - The sky is falling, the sky is falling | Jonathan Lawson Main Page | The Air Carve Project »

8/3/07 - No real bounce

Simply and incredible day yesterday. There is nothing like being on a beautiful golf course: The Club at Pradera, and getting a few inexpensive calendars, and selling 6 different positions for MY prices. I loved it. I was so excited with the trade, I reeled off 5 birdies. Good thing, they salvaged my round which included a 2-double and 1-Triple bogies... ouch.

SPF is now a profitable trade. Down more than $800 a few days back. Now, I'm back up, yesss. I bought 3 units of the 12.5p Dec/jan for .05 again, today I sold 2 units for .20. I have 3 units of the 15p caledar on. I would like to sell these too. The dynamic hedge is at Max loss, so once the last calendar is sold, I won't mind seeing the stock hit the toilet. I would then sell my Aug 17.5p and use the cash to buy extra stock, another series of Sept puts to protect the position. Very Nice.

DTV - a dog with fleas. I am out of the last unit for a .10 loss. Bummer, but at least I'm out. It has dropped below all support.

ONXX - I picked up a unit of the 25p Dec/Jan for .05 Credit, 30p Dec/Jan for a credit of .05, and the 35c Dec/Jan for a debit of .05. Very Nice.

*******************************************************
3 of 3 with and interview with Dr. David Hawkins.

TrackBack

TrackBack URL for this entry:
http://mysnowpro.com/cgi-bin/mt/mt-tb.cgi/253

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

mySnowPro.com's Free Monthly Report

sign up here! we will
never share your email!
Name:
Email:

About

This page contains a single entry from the blog posted on August 3, 2007 8:36 PM.

The previous post in this blog was 8/1/2007 - The sky is falling, the sky is falling.

The next post in this blog is The Air Carve Project.

Many more can be found on the Jonathan Lawson Main Page or by looking through the archives.

Sponsored Links

Sponsored Links

Featured Authors