PeakTrader.com

[arthur]

Aug 13th Trading Log (final update):

I bought 200 SMH Nov 32.5 calls at $17,000 (about 28 3/4), sold 100 ABX Jan 20 calls at $11,000 (about 18 3/4), sold 100 QQQ Dec 34 calls at $15,000 (about 32 3/4), bought 200 SMH Sep 30 calls at $15,000 (at 28 1/2), sold 50 DIA Sep 102 puts at $22,500 (about 98 1/4), sold 50 ABX Jan 17.5 calls at $11,500 (about 18 3/4), sold 300 SMH Sep 30 calls at $30,000 (about 29), and sold 20 SNDK Aug 20 calls at $3,500 (over 21 1/2). SMH rallied into the close, and I sold my shorter-term calls. The recent employment and inflation data look good. Perhaps, the market will rally Mon.

My portfolio is over $880,000 including about $665,000 in cash.

Calls Contracts

SMH Nov 32.5 2004 400
SMH Jan 30 2005 300
SMH Jan 32.5 2005 400
SMH Jan 35 2005 300

Puts Contracts

DIA Oct 98 100

Portfolio at $500,000 on Jul 1st, 2003