PeakTrader.com

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Mar 15th Model Portfolio (Limit Orders for Thu):

This portfolio will be updated each night. Less than 10 trades a month are expected. Limit Order adjustments will be noted one trading day in advance. Completed trades at bottom of page.

Both buy orders were executed. The first buy order was set at 1.70, which was yesterday's closing ask price. However, it opened at 1.65 (between yesterday's closing bid and ask prices). The second order was executed at 1.40, which was 0.05 above today's low. The IWM buy order is set between today's closing bid and ask prices.

Wed Executions:

B9] Bought 1,000 SPY Apr 130 puts at 1.65 = $165,000
B10] Bought 1,000 SPY Apr 130 puts at 1.40 = $140,000

Thu Buy Orders:

B11] 1,000 IWM Apr 73 puts at 1.20 = $120,000

Thu Sell Orders:

S6] 1,000 SPY Apr 130 puts at 2.00 = $200,000
S7] 1,000 SPY Apr 130 puts at 2.25 = $225,000
S8] 2,000 SPY Apr 130 puts at 3.00 = $600,000
S10] 2,000 SPY Apr 130 puts at 4.00 = $800,000

Trailing Stop Loss: 132.00

My portfolio is over $990,000 including over $120,000 in cash.

Calls Contracts

None

Puts Contracts

SPY Apr 130 2006 6,000

Portfolio at $1,000,000 on Mar 1st, 2006. This model portfolio will be compared to the Trading Portfolio for performance. Each trade will consist of roughly one-fourth of the portfolio. Options will normally be held for one to three months or until price targets, including stop losses, are reached. Few trades will be made. Option buying and selling prices will be listed one day in advance. This portfolio is for investors, who are too busy to watch the market closely (commissions $1 per contract).

Completed Trades (most recent first):

B5) 1,000 SPY Apr 130 puts at 2.70 = $270,000 3/9
S5) 1,000 SPY Apr 130 puts at 3.40 = $340,000 3/10 +26% return.

B4) 1,000 SPY Apr 130 puts at 2.20 = $220,000 3/2
S4) 1,000 SPY Apr 130 puts at 3.00 = $300,000 3/6 +36% return.

B3) 1,500 IWM Apr 73 puts at 1.40 = $210,000 3/1
S3) 1,500 IWM Apr 73 puts at 1.80 = $270,000 3/6 +29% return.

B2) 1,500 DIA Apr 111 puts at 1.70 = $255,000 3/1
S2) 1,500 DIA Apr 111 puts at 2.20 = $330,000 3/6 +29% return.

B1) 1,500 DIA Apr 110 puts at 1.50 = $225,000 3/1
S1) 1,500 DIA Apr 110 puts at 2.00 = $300,000 3/6 +33% return.

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