Seeking Alpha

starwitchdoctor's  Instablog

starwitchdoctor
Send Message
Bopin' till i drop.
  • More Bookkeeping (ATW, ETN, LRCX, SPY) And Portfolio Notes 0 comments
    Aug 27, 2012 10:04 PM | about stocks: ATW, SPY, LRCX, ETN

    Todays Trade Summary:

    Today the following trades were executed:

    (ATW) To meet the allocation requirements in (portody) of 35 shares times 50% or 18 shares. So the Intending to buy 12 shares of ATW, I accidentally bought 100 shares of ATW at 45.68 price and later liquidated 88 shares at 45.56 price. The loss on the mistake is 88*0.12 + one dollar commission for a total of $11.56 or .001% of the 850k portfolio. Remaining exposure is 18 shares, about $815 or .01% of market value of the account, (portody).

    ETN - This was a Cramer action alerts plus holding. I am interested in reducing the number of names i have and the value of this holding was less than 200 dollars so it was a natural selection to go and i have no feeling for its value. The proceeds on the shares were $138.14 including a 1 dollar commission. Remaining exposure is zero.

    LRCX - reasoning as above, liquidating 1 share for $33.61 after $1.00 commission. Remaining exposure is zero.

    SPY - reducing short daily by 1 share for $142.90 cost after $1.00 commission. Remaining short 785 shares for 13.05% of the 850K portfolio value. Spy is hedging against broad market movement in the portfolio.

    (portfolio value is account value plus $181,305, 850K is an estimate of this account value but is within 1%.

    Salud.

    Disclosure: I am long ATW.

    Additional disclosure: I am hedging (short) the SPY index fund.

    Stocks: ATW, SPY, LRCX, ETN
Back To starwitchdoctor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Most Commented
  1. ATVI Covered Call Position. (5 Comments)
  2. PRXL Entry (1 Comment)
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.