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optionstrader
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Talk is cheap. Follow my options trading and see the results for yourself.
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Options Trading Now
  • Options Trading Recap 0 comments
    Jul 2, 2010 3:35 PM | about stocks: QQQ, SPG, BXP, SLG, MAC
    Options Trading

    The gains for July options were indeed excellent.

     

    Closed SPG July 2010 90 put @ 11.20

    Closed SLG July 2010 60 put @ 7.16

    Closed BXP July 2010 80 put @ 10.27

    Closed MAC July 2010 40 put @ 3.1

    Closed QQQQ July 2010 47 put @ 4.61

     

    All numbers are rounded to the nearest percent.

    Profit or loss = (selling price - $0.75 per option contract) / (buying price + $0.75 per option contract) - starting principal (100%)

    I earned a 11.1925/3.9075 - 100% = 186% profit on the SPG July 2010 90 put

    I earned a 7.1525/2.3575 - 100% = 203% profit on the SLG July 2010 60 put

    I earned a 10.2675/3.7075 - 100% = 177% profit on the BXP July 2010 80 put

    I earned a 3.0925/1.4075 - 100% = 120% profit on the MAC July 2010 40 put

    I earned a 4.6025/1.2975 - 100% = 255% profit on the QQQQ July 2010 47 put

    186% + 203% + 177% + 120% + 255% = 941%/5 options = 188% profit

    Cumulative effect = previous cumulative effect (156%) + 188% = 344% of original amount

    I do not currently have any open positions.
    Stocks: QQQ, SPG, BXP, SLG, MAC
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