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Trade Details - 2006 through 2012 |
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2012 |
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| Expire Month |
Index |
Credit Spread |
Date Opened |
Credit Collected |
Notes |
ROI Achieved in 30 to 40 days - For '08 thru '11 it's been 30 days
or less |
Example Cash flow in 30 to 40 days with Hypothetical $50k in maintenance
(risk capital) |
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2012 Total Simple ROI |
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2012 Total Cash Generated - Compounded |
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| May-12 |
RUT |
870/880 Bear CS |
4/27 to 5/2 |
.47 to .52 |
Expired profitable w/ 4.7% to 5.2% gain |
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| May-12 |
RUT |
730/740 Bull PS |
5/4 to 5/15 |
.60 to .77 |
Expired profitable w/ 6.0% to 7.7% gain |
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| May-12 |
RUT |
720/730 Bull PS |
5/11 to 5/15 |
.47 to .50 |
Expired profitable w/ 4.7% to 5.0% gain |
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| May-12 |
SPY |
146/148 Bear CS |
5/1 to 5/2 |
.10 to .11 |
Expired profitable w/ 4.5% to 4.9% gain |
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| May-12 |
SPY |
129/131 Bull PS |
5/4 to 5/14 |
.12 to .14 |
This spread got hit on the last day of the cycle. We rolled it into an equal number of SPY Jun 124/126 Bull Put Spreads for an average debit of 23 cents. The locked in loss for May for this spread is 23 cents less 13 cents (the credit when we first opened this spread) = 10 cents debit; the % loss = 10/200 ($200 of held maintenance for a 2 point wide spread) = 5% loss, which is acceptable. We most likely will open a June bear call spread on top of this June 124/126 bull put spread to complete the iron condor, which wil bring in an additional 5% and will zero out the loss and make this trade break even. |
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| May-12 |
SPY |
128/130 Bull PS |
5/11 to 5/15 |
.10 to .11 |
This spread got hit on the last day of the cycle and we bought back the short put to make a clean break out of this trade. We spent an average debit of 16 cents to close this spread. The loss of this spread was 16 cents less 11 cents (credit when we first openend the spread) = 5 cent debit; the % loss = 5/200 ($200 of risk capital for a 2 point wide spread) for a 2.5% loss. |
2.5% |
$1,250 |
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| Apr-12 |
RUT |
880/890 Bear CS |
3/30 to 4/3 |
.54 to .60 |
Expired profitable w/ 5.0% to 6.0% gain |
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| Apr-12 |
RUT |
760/770 Bull PS |
4/4 to 4/9 |
.66 to 72 |
Expired profitable w/ 6.5% to 7.0% gain |
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| Apr-12 |
RUT |
750/760 Bull PS |
4/4 to 4/9 |
.48 to .52 |
Expired profitable w/ 4.5% to 5.0% gain |
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| Apr-12 |
RUT |
740/750 Bull PS |
3/22 to 4/9 |
.54 to .97 |
Expired profitable w/ 5.0% to 7.5% gain |
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| Apr-12 |
RUT |
730/740 Bull PS |
3/22 to 4/16 |
.58 to 65 |
Expired profitable w/ 5.5% to 6.5% gain |
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| Apr-12 |
SPY |
145/147 Bear CS |
3/30 to 4/9 |
.12 to .14 |
Expired profitable w/ 6.5% to 7.0% gain |
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| Apr-12 |
SPY |
131/133 Bull PS |
4/4 to 4/13 |
.10 to .12 |
Expired profitable w/
5.0% to 6.0% gain |
8.5% |
$4,250 |
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Mar-12 |
RUT |
740/750 Bull PS |
2/22 to 3/6 |
.54 to .82 |
Expired profitable w/ 5.0% to 8.0% gain - we over weighted on this
position this month |
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Mar-12 |
RUT |
730/740 Bull PS |
2/22 to 3/6 |
.53 to .58 |
Expired profitable w/ 5.0% to 6.0% gain - we over weighted on this
position this month |
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Mar-12 |
SPY |
129/131 Bull PS |
3/5 to 3/7 |
.12 to .16 |
Expired profitable w/
6.0% to 8.0% gain |
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Mar-12 |
SPY |
127/129 Bull PS |
3/6 to 3/7 |
.12 to .15 |
Expired profitable w/
6.0% to 7.5% gain |
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Mar-12 |
SPX |
1280/1290 Bull PS |
1/4 to 1/9 |
.65 to .70 |
Expired profitable w/ 6.5% to 7.0% gain |
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We decided to wait to open the top bear call spreads until we saw the
results of the monthly jobs report released on March 9th. Because new
unemployment claims have been falling and holding near 350k, this told
us that sooner or later the jobs report was going to come in strong with
300k or more new jobs, so we didn't want to get in the way of a surging
market just in case the jobs report surprised to the upside. It
eventually came in with 227k jobs, which was still reasonably strong and the
market continued to trend higher, so we decided to avoid the top bear
call spreads this cycle. Also, because the MNX (Nasdaq 100 index) was
overbought and overextended due to Apple's strong rally, we decided
to completely avoid opening spreads on the MNX. Overall, this
was an easy month with very low stress. To see one of the Sunday
advisories that we sent out during this cycle please go
here. |
6.5% |
$3,250 |
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Feb-12 |
RUT |
870/880 Bear CS |
2/3 to 2/7 |
.47 to .55 |
Expired profitable w/ 4% to 5% gain |
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Feb-12 |
RUT |
860/870 Bear CS |
2/3 to 2/6 |
.65 to .90 |
Expired profitable w/ 6% to 8.5% gain |
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Feb-12 |
RUT |
850/860 Bear CS |
2/1 to 2/2 |
.51 to .62 |
Expired profitable w/ 4.5% to 5.5% gain |
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Feb-12 |
RUT |
840/850 Bear CS |
1/31 to 2/2 |
.48 to .57 |
Expired profitable w/ 4% to 4.9% gain |
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Feb-12 |
RUT |
770/780 Bull PS |
2/6 to 2/10 |
.51 to .62 |
Expired profitable w/ 4.5% to 5.5% gain |
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Feb-12 |
SPY |
137/139 Bear CS |
2/2 to 2/3 |
.11 to .14 |
Expired profitable w/ 4.5% to 6% gain |
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Feb-12 |
SPY |
136/138 Bear CS |
1/31 to 2/2 |
.13 to .16 |
Spread got under pressure in the last few days before
expiration so we closed the short 136 leg to avoid assignment for a loss
of 13%. |
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Feb-12 |
SPY |
128/130 Bull PS |
2/10 |
.11 to .12 |
Expired profitable w/ 4.5% to 5% gain |
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Feb-12 |
MNX |
255/260 Bear CS |
1/18 |
.46 |
Came in from a roll out of January with a credit of 46 cents; spread got
under pressure again (thanks to Apple continuing to drive up the Nasdaq
100 index) so we rolled it UP into an equal number of MNX Feb
260/265 Bear Call Spreads for a debit of $1.70 where it expired out-of-the-money. Our goal was to make a clean break out of
Feb, so we rolled UP and kept the trade in Feb, and paid more for this
type of adjustment. This is the one trade that wiped out most of our Feb
gains where it had a loss of 27%. |
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Feb-12 |
MNX |
237.5/242.5 Bull PS |
2/6 to 2/8 |
.27 to .29 |
Expired profitable w/ 5.5% gain |
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The market continued to trend UP putting several of
our top bear call spreads under pressure. Because the macro economic
indicators started to improve, especially job creation, we decided to
make a clean break out of February and not roll any of our Feb bear call
spreads into March. Unfortunately, it cost a lot and wiped out most of
our gains for the Feb cycle. On the positive, when the market makes a big
transitional move like it did in Jan and Feb, our goal
switches to capital preservation, and we did succeed in preserving
our capital. |
0.5% |
$250 |
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| Jan-12 |
RUT |
800/810 Bear CS |
1/10 to 1/12 |
.48 to .53 |
Expired profitable w/ 4.5% gain |
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| Jan-12 |
RUT |
790/800 Bear CS |
1/9 |
.55 to .68 |
Expired profitable w/ 5% gain |
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| Jan-12 |
RUT |
700/710 Bull PS |
12/13 |
0.00 |
Came in from rolling the Dec 710/720 bull put spread into an equal
number of Jan 700/710 bull put spreads. This spread successfully expired
out-of-the-money with a 0% gain. |
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| Jan-12 |
RUT |
670/680 Bull PS |
1/4 to 1/9 |
.53 to .63 |
Expired profitable w/ 5% to 5.5% gain |
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| Jan-12 |
SPY |
132/134 Bear CS |
1/9 to 1/19 |
.10 to .11 |
Expired profitable w/ 4% to 4.5% gain |
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| Jan-12 |
SPY |
117/119 Bull PS |
1/5 to 1/9 |
.11 to .12 |
Expired profitable w/
4.5% to 5% gain |
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| Jan-12 |
MNX |
242.5/247.5 Bear CS |
1/9 to 1/13 |
.24 to .35 |
Thanks to Apple driving up the NASDAQ 100 index this spread got under pressure and
we were forced to roll it "out and UP" into an equal number of
MNX Feb 255/260 bear call spreads for a debit of $1.20 where this Jan
trade had a locked in loss of approx. 20%. |
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| Jan-12 |
MNX |
212.5/217.5 Bull PS |
1/4 to 1/9 |
.23 to .27 |
Expired profitable w/
5% gain |
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The market broke out to the upside and unfortunately we had one Nasdaq
100 index (MNX) bear call spread that was continuously under pressure
and we eventually had to roll it. This one trade ate into our returns
for the Jan and Feb cycles. |
-1.0% |
-$500 |
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2011 |
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2011 Total Simple ROI |
47% |
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2011 Total Cash Generated - Compounded |
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$28,283 |
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Dec-11 |
RUT |
800/810 Bear CS |
12/5 to 12/9 |
.52 to .56 |
Expired profitable w/5% gain |
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Dec-11 |
RUT |
790/800 Bear CS |
11/30 to 12/6 |
.48 to .57 |
Expired profitable w/4% to 5% gain |
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Dec-11 |
RUT |
710/720 Bull PS |
11/14 |
0.00 |
Came in from rolling the Nov 720/730 into
an equal number of Dec 710/720 bull put spreads. The market did not recover so we rolled it into
the Jan 700/710 bull put spread for a debit of 80 cents. We covered most
of this cost by
opening the Jan 790/800 bear call spread completing the iron condor for
a credit of 55 cents giving this Dec trade a locked in loss of 25 cents
or -2.5%. |
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Dec-11 |
RUT |
650/660 Bull PS |
12/8 to 12/13 |
.40 to .49 |
Expired profitable w/ 4% to 4.5% gain |
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Dec-11 |
SPY |
132/134 Bear CS |
12/3 to 12/7 |
.12 to .14 |
Expired profitable w/5.5% gain |
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Dec-11 |
SPY |
131/133 Bear CS |
11/30 to 12/5 |
.13 to .15 |
Expired profitable w/6% gain |
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Dec-11 |
SPY |
115/117 Bull PS |
12/6 to 12/13 |
.10 to .13 |
Expired profitable w/ 5% gain |
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Dec-11 |
MNX |
210/215 Bull PS |
12/7 to 12/13 |
.24 to .27 |
Expired profitable w/ 5% gain |
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Dec-11 |
MNX |
245/250 Bear CS |
12/5 to 12/7 |
.24 to .27 |
Expired profitable w/ 5% gain |
9.0% |
$4,500 |
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Nov-11 |
RUT |
800/810 Bear CS |
11/7 |
.52 |
Expired profitable - completed the iron
condor on top of the Nov 720/730 bull put spread covering a portion of
the cost to roll the spread. |
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Nov-11 |
RUT |
800/810 Bear CS |
11/8 |
.58 |
Expired profitable - completed the iron
condor on top of the Nov 700/710 bull put spread covering more than the
cost to roll the spread. |
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Nov-11 |
RUT |
720/730 Bull PS |
10/10 |
.09 |
Came in from rolling the Oct 720/730 into
the Nov 720/730. The market did not recover so we rolled it into
the Dec 710/720 for a debit of 45 cents. We covered this cost and more by
opening the Dec 805/815 bear call spread for a credit of 54 cents to
complete the iron condor giving this trade a credit of 9 cents. |
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Nov-11 |
RUT |
700/710 Bull PS |
10/19 |
.42 |
Expired profitable w/ 4% gain; came in from
roll |
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Nov-11 |
RUT |
650/660 Bull PS |
10/31 |
.61 |
Expired profitable w/ 6% gain |
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Nov-11 |
RUT |
670/680 Bull PS |
10/28 |
.77 |
Expired profitable w/ 7.5% gain |
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Nov-11 |
MNX |
215/220 Bull PS |
11/9 |
.30 |
Expired profitable w/ 6% gain |
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Nov-11 |
SPY |
113/115 Bull PS |
11/4 |
.15 |
Expired profitable w/ 7% gain |
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We've successfully got out of 1 of 2 in-the-money RUT
spreads this month, and we got out of the in-the-money SPY and MNX bull
put spreads last month. This has been freeing up cash and we've been
getting back to work. |
5.0% |
$2,500 |
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Oct-11 |
RUT |
780/790 Bear CS |
9/14 |
1.44 |
Completed the iron condor on top of the Oct
720/730 bull put spread covering a portion of the cost to roll this
spread. This spread expired profitable with a return of +14% |
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Oct-11 |
RUT |
780/790 Bear CS 740/750 Bear CS |
9/14 & 10/10 |
1.88 |
Completed the iron condor on top of the Oct
700/710 bull put spread to cover a portion of the cost to roll, where
they expired profitable. We opened/closed this top spread twice,
churning it to bring in as much premium as possible. We first
opened/closed the Oct 780/790 for a net credit/profit of $1.44; we then
opened/closed the Oct 740/750 for a net credit/profit of 44 cents,
bringing in a total credit of $1.88 and a return of +19%. |
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Oct-11 |
RUT |
720/730 Bull PS |
9/15 |
0.00 |
Came in from rolling the Sep 730/740 into
the Nov 720/730. The market did not recover so we rolled it into
the Nov 720/730 for a debit of $2. We made up some of this cost by
opening a Nov 800/810 bear call spread for a credit of 52 cents
completing the iron condor and reducing the net cost to roll to $1.48
for a locked in loss of -15%. |
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Oct-11 |
RUT |
700/710 Bull PS |
9/15 |
.42 |
Came in from rolling the Sep 710/720 into
the Oct 700/710. The market did not recover so we rolled it into the Nov
700/710 for a small debit of 16 cents. We brought in
additional premium by opening the Nov 800/810 bear call spread for a
credit of 58 cents completing the iron condor, adding a net credit of 42
cents to this trade. |
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Oct-11 |
RUT |
590/600 Bull PS |
8/5 to 8/10 |
.55 to .70 |
Expired profitable - new trade for month |
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Oct-11 |
RUT |
580/590 Bull PS |
8/8 to 8/10 |
.65 to .95 |
Expired profitable w/ 8% gain - new trade for month |
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Oct-11 |
MNX |
240/245 Bear CS |
10/10 |
.20 |
Expired profitable w/ 4% gain; attached to trade below |
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Oct-11 |
MNX |
210/215 Bull PS |
9/9 |
-.05 |
Expired out-of-the-money, trade is closed.
Came in from roll, expired with a locked in loss of -5 cents debit, or
about -1%. However, we opened the Oct 240/245 bear call spread
completing the iron condor increasing the return to a +3%. |
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Oct-11 |
SPY |
126/128 Bear CS |
10/10 |
.13 |
Expired profitable - new trade for month |
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Oct-11 |
SPY |
117/119 Bull PS |
9/16 |
.23 |
Expired profitable 13% gain; came in from
roll |
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We successfully got out of the MNX & SPY
spreads this month, Oct, that went in-the-money two months ago; i.e. we
rolled them for two months keeping them in a "holding pattern", we
didn't lose any money and we actually made 3% on the SPY trade and
13% on the MNX trade. On the other hand, the two RUT spreads are the
ones giving us a problem and we're still rolling them. If a roll costs
us money, we show a loss equal to the net cost of rolling the spread,
which we call the "locked in loss" to roll. We are not showing the
drawdown because this value fluctuates daily and will remain negative
until the in-the-money spreads move back out-of -the-money. |
+0.5% |
$250 |
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Sep-11 |
RUT |
730/740 Bull PS |
8/3 |
0.00 |
Came in from rolling the Aug 750/760 into
the Sep 730/740. The market did not recover so we rolled it into the RUT
Oct 720/730 at a debit of $4.70; we made up some of this cost by opening
the Oct 780/790 bear call spread for a credit of $1.44 completing the
iron condor and reducing the cost to roll to $3.26 for a locked in loss
of -32%. |
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Sep-11 |
RUT |
710/720 Bull PS |
8/4 |
0.00 |
Came in from rolling the Aug 730/740 into
the Sep 710/720. The market did not recover so we rolled it into an
equal number of RUT
Oct 700/710 bull put spreads for a debit of $2.80; we made up some of this cost by
opening the Oct 780/790 bear call spread for a credit of $1.88
completing the iron condor and reducing the cost to roll to 92 cents for
a locked in loss of 9.2%. |
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Sep-11 |
RUT |
600/610 Bull PS |
9/2 to 9/9 |
.53 to .72 |
Expired profitable w/ gains of 5.5% to 7% |
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Sep-11 |
RUT |
590/600 Bull PS |
9/2 to 9/9 |
.48 to .61 |
Expired profitable w/ gains of 5% to 6.4% |
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Sep-11 |
MNX |
215/220 Bull PS |
8/16 |
.30 |
Came in from rolling the Aug 215/220 into
the Sep 215/220 for even, i.e. at no cost so we still had a 30 cent
credit in Sep. The market did not recover so we rolled it again into Oct
210/215 for a debit of 35 cents; we also opened the MNX Oct 240/245 bear
call spread for a credit of 20 cents to complete the iron condor. Thus,
the net cost to roll was .30 - .35 + .20 = a credit of 15 cents. |
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Sep-11 |
MNX |
195/200 Bull PS |
9/2 |
.35 |
Expired profitable w/ gain of 7.5% |
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Sep-11 |
SPY |
119/121 Bull PS |
8/4 |
.03 |
Came in from rolling the Aug Spy 121/123
into Sep SPY 119/121 with 3 cents credit. The market did not recover so
we rolled it again into Oct SPY 117/119 for a credit of 20 cents. Total
credit in the trade is 3 cents from Aug + 20 = 23 cents credit for Oct. |
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Sep-11 |
SPY |
105/107 Bull PS |
9/2 |
.13 |
Expired profitable w/ gain of 6.9% |
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The market continued to fall in Sep and we
rolled our in-the-money spreads into Oct. We show a "locked in loss"
equal to the cost to roll the spreads from Sep to Oct, less extra
premium that we brought in with the top bear call spreads that completed
the iron condor. We are not showing the drawdown because this value
fluctuates daily and will remain negative until the in-the-money spreads
move back out-of-the-money. |
-10.0% |
-$5,000 |
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Aug-11 |
RUT |
750/760 Bull PS |
7/26 |
.75 |
Rolled into the RUT Sep 730/740 bull put
spread for a debit of $1.15; cost to roll, i.e. locked in loss, is equal
to the $1.15 debit less the 75 cents initial credit = debit 40 cents, or
a loss of -4%. |
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Aug-11 |
RUT |
730/740 Bull PS |
7/27 to 7/29 |
.78 to .95 |
Rolled into the RUT Sep 710/720 bull put
spread for a debit of $1.10; cost to roll, i.e. locked in loss, is equal
to the $1.10 debit less the approx. 80 cents initial credit = debit of
30 cents, or a loss of -3%. |
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Aug-11 |
RUT |
590/600 Bull PS |
8/5 to 8/10 |
.55 to .70 |
Expired profitable w/ gain of 5.8% to 7.5% |
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Aug-11 |
RUT |
580/590 Bull PS |
8/8 to 8/10 |
.65 to .95 |
Expired profitable w/ gain of 7% to 10% |
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Aug-11 |
MNX |
215/220 Bull PS |
7/27 to 8/1 |
.25 to .39 |
Rolled into the MNX Sep 215/220 for even,
i.e. at no cost; thus, we still have a credit of about 30 cents on this
trade going into September. |
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Aug-11 |
SPY |
121/123 Bull PS |
7/27 to 8/1 |
.15 to .17 |
Rolled into the SPY Sep 119/121 bull put
spread for a debit of 12 cents; cost to roll, i.e. locked in loss, is
equal to the 12 cents debit less the 15 cents initial credit = no loss
to roll and we still have 3 cents credit |
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The market crashed and forced us to roll
most of our spreads into Sep. We show the "locked in loss", which is
equal to the cost to roll the spreads, less the initial premium that we
brought in. We are not showing the drawdown because this value
fluctuates daily and will remain negative until the in-the-money spreads
move back out-of-the-money. |
-4.0% |
-$2,000 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Jul-11 |
RUT |
890/900 Bear CS |
7/7 |
.45 |
expired profitable |
|
|
|
Jul-11 |
RUT |
885/895 Bear CS |
7/7 |
.55 to .62 |
expired profitable |
|
|
|
Jul-11 |
RUT |
875/885 Bear CS |
7/6 to 7/7 |
.36 to .52 |
expired profitable |
|
|
|
Jul-11 |
RUT |
720/730 Bull PS |
6/24 to 6/27 |
.48 to .79 |
expired profitable |
|
|
|
Jul-11 |
MNX |
200/205 Bull PS |
6/24 to 6/25 |
.20 to .29 |
expired profitable |
|
|
|
Jul-11 |
SPY |
139/141 Bear CS |
7/7 to 7/8 |
.10 to .11 |
expired profitable |
|
|
|
Jul-11 |
SPY |
124/126 Bull PS |
6/6 to 6/8 |
.11 to .12 |
expired profitable |
|
|
|
Jul-11 |
SPY |
117/119 Bull PS |
6/27 |
.12 to .14 |
expired profitable |
7.5% |
$3,750 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jun-11 |
RUT |
760/770 Bull PS |
6/2 to 6/3 |
.67 to .81 |
The short Put never went in-the-money, but the underlying index pulled
back and touched our trigger point of 773 so we rolled it into an equal
number of RUT July 730/740 Bull Put Spreads at no cost; some of our
rolls actually brought in a credit as high as 50 cents; we closed the
Jun 760/770 for a debit of $1.42 and opened an equal number of Jul
730/740's for a credit of $1.42, adding 30 days to the trade and moving
it down farther away from the underlying. It still has a credit of
approx 70 cents for potential return of 7.5% if the RUT expires above
740 on the 3rd Friday of July. For the ones that we rolled for a
credit of 50 cents, they have an outstanding credit $1.20, for a
potential return of 13.6%. This trade is still in play and is not
included in this month's ROI since we rolled it at no cost.
However, the ROI does take into account the held maintenance for the
rolled trade, which reduces the ROI shown. |
|
|
|
Jun-11 |
RUT |
755/765 Bull PS |
6/3 |
.60 to .69 |
expired profitable |
|
|
|
Jun-11 |
RUT |
750/760 Bull PS |
6/3 |
.53 to .70 |
expired profitable |
|
|
|
Jun-11 |
RUT |
740/750 Bull PS |
6/6 to 6/8 |
.50 to .63 |
expired profitable |
|
|
|
Jun-11 |
RUT |
730/740 Bull PS |
6/10 |
.42 to .48 |
expired profitable |
|
|
|
Jun-11 |
MNX |
212.5/217.5 Bull PS |
6/6 to 6/8 |
.20 to .25 |
expired profitable |
|
|
|
Jun-11 |
MNX |
210/215 Bull PS |
6/8 |
.20 |
expired profitable |
|
|
|
Jun-11 |
SPY |
123/125 Bull PS |
6/2 |
.13 |
expired profitable |
|
|
|
Jun-11 |
SPY |
122/124 Bull PS |
6/6 to 6/8 |
.11 to .12 |
expired profitable |
|
|
|
Jun-11 |
SPY |
121/123 Bull PS |
6/6 |
.12 to .13 |
expired profitable |
5.5% |
$2,750 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
May-11 |
RUT |
885/895 Bear CS |
5/10 |
.36 to .42 |
expired profitable |
|
|
|
May-11 |
RUT |
775/785 Bull PS |
5/3 to 5/9 |
.43 to .65 |
expired profitable |
|
|
|
May-11 |
RUT |
770/780 Bull PS |
5/3 to 5/4 |
.42 to .62 |
expired profitable |
|
|
|
May-11 |
RUT |
760/770 Bull PS |
4/27 to 5/4 |
.42 to .50 |
expired profitable |
|
|
|
May-11 |
MNX |
222.5/227.5 Bull PS |
5/9 to 5/16 |
.22 to .26 |
expired profitable |
|
|
|
May-11 |
MNX |
220/225 Bull PS |
5/3 |
.21 to .22 |
expired profitable |
|
|
|
May-11 |
SPY |
126/128 Bull PS |
5/9 |
.10 to .11 |
expired profitable |
|
|
|
May-11 |
SPY |
125/127 Bull PS |
5/6 |
.10 to .11 |
expired profitable |
6.5% |
$3,250 |
|
|
|
|
|
|
|
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| |
|
|
|
|
|
|
|
|
Apr-11 |
RUT |
890/900 Bear CS |
4/5 |
.40 to .42 |
expired profitable |
|
|
|
Apr-11 |
RUT |
885/895 Bear CS |
4/5 |
.40 to .60 |
expired profitable |
|
|
|
Apr-11 |
RUT |
880/890 Bear CS |
3/30 to 4/6 |
.38 to .67 |
expired profitable |
|
|
|
Apr-11 |
RUT |
870/880 Bear CS |
3/29 to 3/30 |
.50 to .67 |
expired profitable |
|
|
|
Apr-11 |
RUT |
800/810 Bull PS |
4/7 to 4/8 |
.39 to .41 |
expired profitable |
|
|
|
Apr-11 |
RUT |
795/805 Bull PS |
4/11 |
.39 to .51 |
expired profitable |
|
|
|
Apr-11 |
RUT |
790/800 Bull PS |
4/8 to 4/11 |
.41 to .42 |
expired profitable |
|
|
|
Apr-11 |
RUT |
720/730 Bull PS |
3/23 |
.50 to .61 |
expired profitable |
|
|
|
Apr-11 |
MNX |
220/225 Bull PS |
4/11 |
.20 |
expired profitable |
|
|
|
Apr-11 |
SPY |
137/139 Bear CS |
3/29 to 3/30 |
.11 to .13 |
expired profitable |
|
|
|
Apr-11 |
SPY |
127/129 Bull PS |
4/11 |
.09 to .10 |
expired profitable |
7.5% |
$3,750 |
|
|
|
|
|
|
|
|
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| |
|
|
|
|
|
|
|
|
Mar-11 |
RUT |
870/880 Bear CS |
3/8 to 3/9 |
.31 to .33 |
expired profitable |
|
|
|
Mar-11 |
RUT |
730/740 Bull PS |
3/4 to 3/10 |
.43 to 50 |
expired profitable |
|
|
|
Mar-11 |
RUT |
720/730 Bull PS |
2/22 to 3/2 |
.49 to .71 |
expired profitable |
|
|
|
Mar-11 |
MNX |
212.5/217.5 Bull PS |
3/10 |
.22 to .34 |
Got under pressure so we closed it early to play it safe, but we still
made a small 2% profit |
|
|
|
Mar-11 |
OEX |
610/615 Bear CS |
3/8 to 3/9 |
.20 to .35 |
expired profitable |
|
|
|
Mar-11 |
OEX |
550/555 Bull PS |
3/10 to 3/14 |
.20 to .25 |
expired profitable |
|
|
|
Mar-11 |
OEX |
545/550 Bull PS |
3/7 to 3/10 |
.20 to .25 |
expired profitable |
|
|
|
Mar-11 |
OEX |
540/545 Bull PS |
3/1 to 3/2 |
.20 to .25 |
expired profitable |
|
|
|
Mar-11 |
SPY |
121/123 Bull PS |
3/7 |
.10 to .12 |
expired profitable |
|
|
|
Mar-11 |
SPY |
120/122 Bull PS |
3/1 |
.10 |
expired profitable |
8.0% |
$4,000 |
|
|
|
|
|
|
|
|
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| |
|
|
|
|
|
|
|
|
Feb-11 |
RUT |
840/850 Bear CS |
2/1 to 2/7 |
.40 to .58 |
This spread was under pressure so we closed 1/2 of our position to
reduce risk and let the remaining ride. It ultimately expired
profitable |
|
|
|
Feb-11 |
RUT |
690/700 Bull PS |
1/28 |
.50 to .52 |
expired profitable |
|
|
|
Feb-11 |
RUT |
680/690 Bull PS |
1/20 to 1/28 |
.40 to .52 |
expired profitable |
7.0% |
$3,500 |
|
|
|
|
|
|
Click
here for more info about the Feb cycle |
|
|
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|
|
|
Jan-11 |
RUT |
840/850 Bear CS |
12/30 to 12/31 |
.40 to .46 |
expired profitable |
|
|
|
Jan-11 |
RUT |
830/840 Bear CS |
1/11 to 1/14 |
.38 to .45 |
expired profitable |
|
|
|
Jan-11 |
RUT |
715/725 Bull PS |
1/10 |
.39 |
expired profitable |
|
|
|
Jan-11 |
RUT |
710/720 Bull PS |
1/7 |
.38 to .40 |
expired profitable |
|
|
|
Jan-11 |
OEX |
595/600 Bear CS |
1/5 to 1/7 |
.20 |
expired profitable |
|
|
|
Jan-11 |
OEX |
590/595 Bear CS |
12/31 to 1/11 |
.20 to .25 |
expired profitable |
|
|
|
Jan-11 |
SPY |
132/134 Bear CS |
1/5 |
.09 |
expired profitable |
5.0% |
$2,500 |
|
|
|
|
|
|
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| |
|
2010 |
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
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|
|
|
|
|
|
|
|
2010 Total Simple ROI |
28% |
|
|
|
|
|
|
|
2010 Total Cash Generated - Compounded |
|
$14,145 |
| |
|
|
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|
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|
|
|
Dec-10 |
RUT |
800/810 Bear CS |
12/7 to 12/14 |
.33 to .57 |
expired profitable |
|
|
|
Dec-10 |
RUT |
790/800 Bear CS |
11/24 to 12/3 |
.33 to .41 |
expired profitable |
|
|
|
Dec-10 |
RUT |
670/680 Bull PS |
12/6 to 12/7 |
.40 to .43 |
expired profitable |
|
|
|
Dec-10 |
RUT |
630/640 Bull PS |
11/23 to 12/1 |
.52 to .56 |
expired profitable |
|
|
|
Dec-10 |
OEX |
580/585 Bear CS |
12/10 |
.15 |
expired profitable |
|
|
|
Dec-10 |
OEX |
570/575 Bear CS |
12/7 |
.20 |
expired profitable |
|
|
|
Dec-10 |
OEX |
500/505 Bull PS |
11/22 |
.30 to .35 |
expired profitable |
|
|
|
Dec-10 |
OEX |
490/495 Bull PS |
11/22 to 11/23 |
.30 to .35 |
expired profitable |
|
|
|
Dec-10 |
SPY |
127/129 Bear CS |
12/7 to 12/10 |
.08 to .10 |
expired profitable |
|
|
|
Dec-10 |
SPY |
109/111 Bull PS |
11/23 |
.18 |
expired profitable |
|
|
|
Dec-10 |
SPY |
108/110 Bull PS |
11/23 to 11/28 |
.13 to .14 |
expired profitable |
9.5% |
$4,750 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nov-10 |
RUT |
770/780 Bear CS |
10/29 to 11/8 |
.36 to .75 |
expired profitable |
|
|
|
Nov-10 |
RUT |
760/770 Bear CS |
10/29 to 11/2 |
.47 to .69 |
expired profitable |
|
|
|
Nov-10 |
RUT |
660/670 Bull PS |
11/10 to 11/16 |
.40 to .55 |
expired profitable |
|
|
|
Nov-10 |
RUT |
610/620 Bull PS |
10/27 to 10/29 |
.50 to .55 |
expired profitable |
|
|
|
Nov-10 |
OEX |
570/575 Bear CS |
11/4 to 11/8 |
.20 to .25 |
expired profitable |
|
|
|
Nov-10 |
OEX |
560/565 Bear CS |
10/29 |
.25 |
expired profitable |
|
|
|
Nov-10 |
OEX |
515/520 Bull PS |
11/12 |
.25 to .35 |
expired profitable |
|
|
|
Nov-10 |
OEX |
510/515 Bull PS |
11/12 |
.20 |
expired profitable |
|
|
|
Nov-10 |
OEX |
485/490 Bull PS |
10/27 |
.30 |
expired profitable |
|
|
|
Nov-10 |
SPY |
127/129 Bear CS |
11/4 |
.10 |
expired profitable |
|
|
|
Nov-10 |
SPY |
126/128 Bear CS |
11/4 |
.12 to .13 |
expired profitable |
|
|
|
Nov-10 |
SPY |
125/127 Bear CS |
10/31 to 11/5 |
.09 to .12 |
expired profitable |
|
|
|
Nov-10 |
SPY |
113/115 Bull PS |
11/12 |
.10 to .12 |
expired profitable |
8.5% |
$4,250 |
|
|
|
|
|
|
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|
|
|
Oct-10 |
RUT |
730/740 Bear CS |
9/29 to 10/5 |
.30 to .39 |
expired profitable |
|
|
|
Oct-10 |
RUT |
720/730 Bear CS |
10/4 to 10/5 |
.42 to .64 |
expired profitable |
|
|
|
Oct-10 |
RUT |
630/640 Bull PS |
10/4 to 10/7 |
.40 to .65 |
expired profitable |
|
|
|
Oct-10 |
RUT |
610/620 Bull PS |
10/4 |
.55 to .58 |
expired profitable |
|
|
|
Oct-10 |
MID |
690/700 Bull PS |
9/26 |
.53 |
expired profitable |
|
|
|
Oct-10 |
SPY |
120/122 Bear CS |
10/10 to 10/13 |
.09 to .12 |
expired profitable |
|
|
|
Oct-10 |
SPY |
119/121 Bear CS |
10/3 to 10/8 |
.09 to .12 |
Got under pressure so we closed it early to play it safe for 10 cents
debit - for breakeven |
9.5% |
$4,750 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sep-10 |
RUT |
530/540 Bull PS |
8/20 to 9/7 |
.70 to $1.15 |
expired profitable |
|
|
|
Sep-10 |
RUT |
510/520 Bull PS |
8/22 to 8/30 |
.50 to .70 |
expired profitable |
|
|
|
Sep-10 |
MID |
800/810 Bear CS |
9/7 to 9/13 |
.29 to .43 |
expired profitable |
|
|
|
Sep-10 |
MID |
640/650 Bull PS |
8/24 to 9/1 |
.57 to .75 |
expired profitable |
|
|
|
Sep-10 |
SPY |
95/97 Bull PS |
8/23 to 8/31 |
.12 to .14 |
expired profitable |
|
|
|
Sep-10 |
SPY |
110/112 Bull PS |
4/27 to 5/5 |
.13 to .14 |
Trade still in play; rolled into Nov 110/112 for an avg. net debit of 12
cents. High probability that this trade will expire
out-of-the-money in November |
7.5% |
$3,750 |
|
|
|
|
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|
|
Aug-10 |
RUT |
590/600 Bull PS |
8/3 to 8/10 |
.63 to $1.10 |
expired profitable with a small gain - got under pressure so we closed
it early for an average debit of 50 cents to avoid settlement risk |
|
|
|
Aug-10 |
RUT |
570/580 Bull PS |
8/11 to 8/12 |
.67 to .95 |
expired profitable |
|
|
|
Aug-10 |
RUT |
540/550 Bull PS |
7/16 |
$1.45 |
expired profitable |
|
|
|
Aug-10 |
RUT |
530/540 Bull PS |
7/16 to 7/21 |
.94 to $1.20 |
expired profitable |
|
|
|
Aug-10 |
RUT |
520/530 Bull PS |
7/16 to 7/21 |
.65 to .95 |
expired profitable |
|
|
|
Aug-10 |
IWM |
57/59 Bull PS |
8/6 |
.12 |
expired profitable |
7.5% |
$3,750 |
|
|
|
|
|
|
|
|
|
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|
|
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|
|
|
|
|
Jul-10 |
RUT |
570/580 Bull PS |
6/28 to 7/9 |
.80 to 1.15 |
Got under pressure so we rolled it down into the same month for an
average net debit of 35 cents to give us some breathing room. |
|
|
|
Jul-10 |
RUT |
560/570 Bull PS |
6/28 to 7/8 |
.75 to 1.05 |
expired profitable |
|
|
|
Jul-10 |
RUT |
550/560 Bull PS |
6/29 to 7/8 |
.65 to 1.35 |
Expired profitable. We opened a few of these fresh for a higher credit
to cover the cost to roll the July 570/580 into the July 550/560.
Most of these were from rolling down from the July 570/580 for a net
debit of 35 cents. |
|
|
|
Jul-10 |
RUT |
540/550 Bull PS |
6/29 to 7/6 |
.60 to .86 |
expired profitable |
|
|
|
Jul-10 |
RUT |
530/540 Bull PS |
6/29 to 7/6 |
.65 to .82 |
expired profitable |
|
|
|
Jul-10 |
SPY |
111/113 Bull PS |
4/27 to 5/5 |
.13 to .14 |
Trade still in play; rolled into Sep 110/112 for an avg. net debit of 58
cents. We'll make this up in Aug and Sep with some fresh bull put
spreads and by completing the iron condor with bear call spreads |
|
|
|
Jul-10 |
SPY |
110/112 Bull PS |
4/30 to 5/5 |
.12 to .13 |
Trade still in play; rolled into Sep 110/112 for an avg. debit of 49
cents. We'll make some of this up in Sep with some fresh bull put
spreads and by completing the iron condor with bear call spreads |
5.0% |
$2,500 |
|
|
|
|
|
|
Click
here for more info about July |
|
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|
Jun-10 |
RUT |
680/690 Bear CS |
6/10 |
.57 to .64 |
Expired profitable; we completed the iron condor for all of our RUT Jun
bull put spreads |
|
|
|
Jun-10 |
RUT |
640/650 Bull PS |
4/28 to 5/21 |
.45 to 1.20 |
Closed early for a profit; rolled from May to Jun for between zero and a
credit of 50 cents; then closed early for avg. debit 38 cents to avoid
settlement risk |
|
|
|
Jun-10 |
RUT |
630/640 Bull PS |
4/28 to 5/21 |
.35 to 1.20 |
Closed early for a profit; even though safe and OTM we closed early to
avoid settlement risk for a debit of 15 to 20 cents debit |
|
|
|
Jun-10 |
RUT |
620/630 Bull PS |
5/19 to 5/20 |
1.75 to 2.00 |
We brought in a high credit as we felt comfortable with the technicals.
Closed early for a profit to avoid settlement risk for a debit of 15
cents |
|
|
|
Jun-10 |
RUT |
610/620 Bull PS |
5/20 to 5/26 |
2.60 to 2.90 |
Expired profitable. Rolled from May where we brought in about 1.20
credit, and then rolled again to June for an additional credit of 1.40
to 1.70, for a total avg. credit of 2.75. |
|
|
|
Jun-10 |
RUT |
570/580 Bull PS |
5/24 |
1.20 to 1.30 |
expired profitable |
|
|
|
Jun-10 |
RUT |
530/540 Bull PS |
5/25 |
1.40 |
expired profitable |
|
|
|
Jun-10 |
DIA |
102/104 Bull PS |
4/28 to 5/5 |
.12 to .13 |
Expired profitable; rolled from May 102/104 for a debit of 2 cents |
|
|
|
Jun-10 |
SPY |
111/113 Bull PS |
4/27 to 5/5 |
.13 to .14 |
Trade still in play; rolled into July 111/113 for an avg. debit of 15
cents. We still show a potential profit of 6 cents, when if
finally expires OTM. |
|
|
|
Jun-10 |
SPY |
110/112 Bull PS |
4/30 to 5/5 |
.12 to .13 |
Trade still in play; rolled into July 110/112 for an avg. debit of 33
cents. We'll be able to cover this 21 cents loss by bringing
in extra premium in July |
9.5% |
$4,750 |
|
|
|
|
|
Most of our trades expired OTM and profitable and we only had to roll
the SPY bull put spreads again since the SPY continued to be under a lot
of pressure. |
|
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|
|
May-10 |
RUT |
770/780 Bear CS |
4/16 |
(1.00)to(1.75) |
expired profitable |
|
|
|
May-10 |
RUT |
740/750 Bull CS Directional Hedge |
4/23 to 4/27 |
debit of $3.10 to $4.60 |
Opened 3 directional bull call debit spreads per 10 RUT 770/780 bear
call spreads to protect them as the market trended UP for 55 days.
We then closed them for a credit of .70 to $1.30. |
|
|
|
May-10 |
RUT |
640/650 Bull PS |
4/28 to 5/5 |
.40 to .60 |
Rolled to Jun 640/650 for between zero and a credit of 50 cents |
|
|
|
May-10 |
RUT |
630/640 Bull PS |
4/28 to 5/5 |
.40 to .50 |
Even though safe and OTM, it was expensive to close just before
expiration so we rolled into Jun 610/620 for additional credit of $1.40
to avoid settlement risk |
|
|
|
May-10 |
RUT |
620/630 Bull PS |
5/4 to 5/5 |
1.20 to 1.50 |
Even though safe and OTM, it was expensive to close just before
expiration so we rolled into Jun 610/620 for additional credit of $1.70
to avoid settlement risk |
|
|
|
May-10 |
RUT |
610/620 Bull PS |
5/6 to 5/18 |
1.15 to 1.45 |
expired profitable |
|
|
|
May-10 |
RUT |
600/610 Bull PS |
5/6 to 5/19 |
1.05 to 1.35 |
expired profitable |
|
|
|
May-10 |
RUT |
590/600 Bull PS |
5/7 to 5/19 |
.75 to 1.40 |
expired profitable |
|
|
|
May-10 |
RUT |
580/590 Bull PS |
5/7 to 5/19 |
.65 to 1.10 |
expired profitable |
|
|
|
May-10 |
RUT |
570/580 Bull PS |
5/7 to 5/19 |
.55 to .80 |
expired profitable |
|
|
|
May-10 |
DIA |
102/104 Bull PS |
4/28 to 5/5 |
.12 to .13 |
Rolled into June 102/104 for a debit of 2 cents |
|
|
|
May-10 |
SPY |
111/113 Bull PS |
4/27 to 5/5 |
.13 to .14 |
Rolled into June 111/113 for a credit of 2 cents |
|
|
|
May-10 |
SPY |
110/112 Bull PS |
4/30 to 5/5 |
.12 to .13 |
Rolled into June 110/112 for a credit of 3 cents |
|
|
|
May-10 |
SPY |
107/109 Bull PS |
5/5 to 5/19 |
.14 to .16 |
Rolled into June 110/112 for debit of 1 cent |
0% |
$0 |
|
|
|
|
|
The stock market corrected 12% in 13 trading days. We moved in
reserve cash, kept clicking down to bring in more premium and
successfully protected our risk capital by rolling our threatened credit
spreads into June at no cost or for a credit. We felt comfortable
in clicking down our strike prices as the indexes declined allowing us
to bring in additional premium since the US economy and corporate
earnings are growing and not contracting as they were in 2008. For
more information on why we made certain trading decisions for May please
go
here. |
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Apr-10 |
RUT |
720/730 Bear CS |
3/19 |
(1.50)to(3.00) |
Under pressure; rolled to May 770/780 Bear CS |
|
|
|
Apr-10 |
RUT |
650/660 Bull PS |
4/8 to 4/9 |
.35 to .55 |
expired profitable |
|
|
|
Apr-10 |
RUT |
640/650 Bull PS |
4/4 to 4/9 |
.35 to .60 |
expired profitable |
|
|
|
Apr-10 |
RUT |
630/640 Bull PS |
3/19 |
.35 to 50 |
expired profitable |
|
|
|
Apr-10 |
SPY |
121/123 Bear CS |
4/8 to 4/16 |
(.22) to (.30) |
Closed early |
|
|
|
Apr-10 |
SPY |
112/114 Bull PS |
4/8 to 4/16 |
.11 |
expired profitable |
|
|
|
Apr-10 |
SPY |
111/113 Bull PS |
4/5 to 4/7 |
.09 |
expired profitable |
0% |
$0 |
|
|
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|
|
|
We moved in reserve cash to open extra bull put spreads to cover the
rolls, and opened a butterfly hedge that help offset the loss |
|
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|
Mar-10 |
RUT |
690/700 Bear CS |
3/10 to 3/15 |
.45 to .58 |
expired profitable |
|
|
|
Mar-10 |
RUT |
680/690 Bear CS |
3/10 to 3/15 |
.45 to .65 |
Under pressure; rolled to April 720/730 Bear CS |
|
|
|
Mar-10 |
RUT |
670/680 Bear CS |
3/8 to 3/10 |
.45 to .65 |
Under pressure; rolled to April 720/730 Bear CS |
|
|
|
Mar-10 |
RUT |
560/570 Bull PS |
3/1 to 3/5 |
.53 to .58 |
expired profitable |
|
|
|
Mar-10 |
SPY |
116/118 Bear CS |
3/1 to 3/5 |
.10 |
Under pressure; rolled to April 121/123 |
|
|
|
Mar-10 |
SPY |
103/105 Bull PS |
1/20 |
.11 |
expired profitable |
|
|
|
Mar-10 |
SPY |
101/103 Bull PS |
3/1 to 3/5 |
.13 |
expired profitable |
-33% |
-$16,500 |
|
|
|
|
|
|
The market rallied for 55 trading days forcing us to roll our spreads
into April. For more info on the new tools that we've put in place
to better manage strong trending markets please go
here. |
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|
Feb-10 |
RUT |
560/570 Bull PS |
1/20 to 1/21 |
.49 to .64 |
expired profitable |
|
|
|
Feb-10 |
RUT |
550/560 Bull PS |
1/21 to 1/265 |
.45 to .65 |
expired profitable |
|
|
|
Feb-10 |
RUT |
540/550 Bull PS |
1/27 to 2/4 |
.51 to .60 |
expired profitable |
|
|
|
Feb-10 |
RUT |
530/540 Bull PS |
2/4 to 2/5 |
.48 to .56 |
expired profitable |
|
|
|
Feb-10 |
SPY |
103/105 Bull PS |
1/20 |
.11 |
Under pressure; rolled to March for even |
|
|
|
Feb-10 |
SPY |
100/102 Bull PS |
1/22 |
.15 |
expired profitable |
|
|
|
Feb-10 |
SPY |
99/101 Bull PS |
1/22 to 1/28 |
.13 to .15 |
expired profitable |
|
|
|
Feb-10 |
SPY |
98/100 Bull PS |
1/27 |
.13 |
expired profitable |
5.0% |
$2,500 |
|
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|
Jan-10 |
SPY |
117/119 Bear CS |
1/4 |
.09 |
Closed out on last day for 2 cents prior to Intel releasing earnings
anticipating a market rally |
|
|
|
Jan-10 |
SPY |
108/110 Bull PS |
1/6 |
.14 |
expired profitable |
|
|
|
Jan-10 |
RUT |
670/680 Bear CS |
12/30 to 1/4 |
.34 to .40 |
Closed out on last day for 10 cents prior to Intel releasing earnings
anticipating a market rally |
|
|
|
Jan-10 |
RUT |
590/600 Bull PS |
1/7 |
.45 |
expired profitable |
|
|
|
Jan-10 |
RUT |
560/570 Bull PS |
12/31 |
.39 |
expired profitable |
5.5% |
$2,750 |
|
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| |
|
2009 |
|
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|
|
2009 Total Simple ROI |
92% |
|
|
|
|
|
|
|
2009 Total Cash Generated |
|
$46,460 |
| |
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|
|
Dec-09 |
IWM |
65/67 Bear CS |
11/23 |
.09 to .10 |
expired profitable |
|
|
|
Dec-09 |
RUT |
650/660 Bear CS |
11/23 |
.42 to .57 |
expired profitable |
|
|
|
Dec-09 |
RUT |
640/650 Bear CS |
12/2 to 12/7 |
.39 to .55 |
expired profitable |
|
|
|
Dec-09 |
RUT |
630/640 Bear CS |
12/1 |
.59 |
expired profitable |
|
|
|
Dec-09 |
SPY |
118/120 Bear CS |
11/23 |
.09 |
expired profitable |
|
|
|
Dec-09 |
SPY |
117/119 Bear CS |
11/23 |
.13 |
expired profitable |
|
|
|
Dec-09 |
RUT |
500/510 Bull PS |
11/30 |
.51 to .58 |
expired profitable |
|
|
|
Dec-09 |
IWM |
49/51 Bull PS |
11/30 |
.10 |
expired profitable |
|
|
|
Dec-09 |
SPY |
99/101 Bull PS |
11/30 |
.13 |
expired profitable |
7.0% |
$3,500 |
|
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|
Nov-09 |
RUT |
630/640 Bear CS |
11/11 to 11/16 |
.30 to.32 |
expired profitable |
|
|
|
Nov-09 |
RUT |
530/540 Bull PS |
11/10 to 11/12 |
.35 to .44 |
expired profitable |
|
|
|
Nov-09 |
RUT |
510/520 Bull PS |
11/10 to 11/12 |
.45 to .47 |
expired profitable |
|
|
|
Nov-09 |
RUT |
490/500 Bull PS |
10/30 to 11/2 |
.62 to .80 |
expired profitable |
|
|
|
Nov-09 |
SPY |
92/94 Bull PS |
10/30 to 11/2 |
.13 |
expired profitable |
6.5% |
$3,250 |
|
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|
Oct-09 |
RUT |
520/530 Bull PS |
10/1 to 10/5 |
.49 to .78 |
expired profitable |
|
|
|
Oct-09 |
SPY |
94/96 Bull PS |
10/2 to 10/5 |
.12 to .14 |
expired profitable |
6.0% |
$3,000 |
|
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|
Sep-09 |
RUT |
640/650 Bear CS |
8/25 to 9/16 |
.38 to .55 |
expired profitable |
|
|
|
Sep-09 |
RUT |
630/640 Bear CS |
9/4 to 9/16 |
.40 to .55 |
expired profitable |
|
|
|
Sep-09 |
RUT |
620/630 Bear CS |
9/8 to 9/10 |
.37 to .55 |
closed out early for $1.70 to $2.20 debit; immediately rolled up into
the Sep 630/640s for a credit of 30 to 35 cents to bring in more premium
to help reduce the loss |
|
|
|
Sep-09 |
RUT |
510/520 Bull PS |
8/31 to 9/2 |
.57 to .67 |
expired profitable |
|
|
|
Sep-09 |
SPY |
110/113 Bear CS |
8/26 to 9/14 |
.13 to .14 |
expired profitable |
|
|
|
Sep-09 |
SPY |
91/94 Bull PS |
8/27 to 9/3 |
.14 to .16 |
expired profitable |
3.0% |
$1,500 |
|
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|
Aug-09 |
RUT |
620/630 Bear CS |
8/4 to 8/7 |
.43 to .45 |
expired profitable |
|
|
|
Aug-09 |
RUT |
610/620 Bear CS |
8/3 to 8/7 |
.55 to .61 |
expired profitable |
|
|
|
Aug-09 |
RUT |
510/520 Bull PS |
8/7 |
.45 to .47 |
expired profitable |
|
|
|
Aug-09 |
SPY |
107/109 Bear CS |
8/7 |
.11 to .12 |
expired profitable |
|
|
|
Aug-09 |
SPY |
106/111 Bear CS |
8/3 |
.26 |
expired profitable |
|
|
|
Aug-09 |
SPY |
89/94 Bull PS |
8/11 |
.19 |
expired profitable |
9.0% |
$4,500 |
|
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|
Jul-09 |
SPY |
79/84 Bull PS |
7/2 to 7/6 |
.11 to .13 |
expired profitable |
|
|
|
Jul-09 |
SPY |
78/83 Bull PS |
7/6 to 7/9 |
.10 to .12 |
expired profitable |
|
|
|
Jul-09 |
RUT |
440/450 Bull PS |
7/2 to 7/4 |
.48 to .50 |
expired profitable |
|
|
|
Jul-09 |
RUT |
430/440 Bull PS |
7/4 to 7/6 |
.43 to .47 |
expired profitable |
|
|
|
Jul-09 |
RUT |
420/430 Bull PS |
7/6 to 7/9 |
.44 to .47 |
expired profitable |
4.5% |
$2,250 |
|
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Jun-09 |
RUT |
570/580 Bear CS |
6/1 |
.42 to .59 |
expired profitable |
|
|
|
Jun-09 |
RUT |
560/570 Bear CS |
5/26 to 6/1 |
.45 to .64 |
expired profitable |
|
|
|
Jun-09 |
RUT |
410/420 Bull PS |
5/15 to 5/21 |
$1 to $1.20 |
expired profitable |
|
|
|
Jun-09 |
RUT |
400/410 Bull PS |
5/14 |
$1.08 |
expired profitable |
14.5% |
$7,250 |
|
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|
May-09 |
RUT |
550/560 Bear CS |
4/16 to 4/24 |
.47 to 65 |
expired profitable |
|
|
|
May-09 |
RUT |
430/440 Bull PS |
5/5 to 5/13 |
.50 to .60 |
expired profitable |
|
|
|
May-09 |
RUT |
400/410 Bull PS |
5/5 to 5/13 |
.48 to .58 |
expired profitable |
|
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|
|
Note: All trades were open for 30 days or less |
10.0% |
$5,000 |
|
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|
Apr-09 |
RUT |
520/530 Bear CS |
3/23 to 4/2 |
.39 to .56 |
expired profitable |
|
|
|
Apr-09 |
RUT |
490/500 Bear CS |
3/23 to 3/26 |
.70 to 1.20 |
expired profitable |
|
|
|
Apr-09 |
RUT |
480/490 Bear CS |
3/23 |
.69 to .71 |
expired profitable - closed early to avoid settlement risk |
5.0% |
$2,500 |
|
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|
|
Mar-09 |
RUT |
340/350 Bull PS |
2/17 |
.90 |
Under pressure and rolled down into the same month for a loss of 65
cents |
|
|
|
Mar-09 |
RUT |
330/340 Bull PS |
2/20 |
.73 to .80 |
expired profitable |
|
|
|
Mar-09 |
RUT |
320/330 Bull PS |
2/20 to 2/27 |
.68 to .83 |
expired profitable |
|
|
|
Mar-09 |
RUT |
310/320 Bull PS |
2/23 |
.66 |
expired profitable |
|
|
|
Mar-09 |
RUT |
300/310 Bull PS |
3/2 to 3/6 |
.63 to 2.15 |
expired profitable; we also brought in a higher credit for a short
period of time to cover some of our loss when rolling down our 340/350s |
|
|
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|
|
Note: All trades were open for 30 days or less |
6.5% |
$3,250 |
|
|
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|
|
|
|
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|
|
Feb-09 |
RUT |
400/410 Bull PS |
2/6 to 2/9 |
.60 to .65 |
Closed out early for a debit of .90 cents for a 25 to 30 cents loss |
|
|
|
Feb-09 |
RUT |
350/360 Bull PS |
1/20 |
$1 |
expired profitable |
|
|
|
Feb-09 |
RUT |
340/350 Bull PS |
1/2 |
.75 to .85 |
expired profitable |
|
|
|
|
|
|
|
|
Note: All new February trades were open for 30 days or less |
6.5% |
$3,250 |
|
|
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|
|
|
Jan-09 |
RUT |
590/600 Bear CS |
1/2 to 1/8 |
.75 |
expired profitable |
|
|
|
Jan-09 |
RUT |
560/570 Bear CS |
1/2 to 1/8 |
.65 to .85 |
expired profitable |
|
|
|
Jan-09 |
RUT |
320/330 Bull PS |
12/15 to 1/12 |
.55 to .65 |
expired profitable |
|
|
|
|
|
|
|
|
Note: All new January trades were open for 30 days or less |
13.5% |
$6,750 |
|
|
|
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| |
|
2008 |
|
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|
|
|
2008 Total Simple ROI |
33% |
|
|
|
|
|
|
|
2008 Total Cash Generated |
|
$21,500 |
|
|
|
|
|
|
|
|
|
|
Dec-08 |
RUT |
540/550 Bear CS |
11/26 to 12/3 |
.70 to .75 |
expired profitable |
|
|
|
Dec-08 |
RUT |
280/290 Bull PS |
11/20 |
1.00 |
expired profitable |
|
|
|
Dec-08 |
RUT |
260/270 Bull PS |
11/21 |
.75 |
expired profitable |
|
|
|
|
|
|
|
|
Note: All new December trades were open for 30 days or less |
15.0% |
$7,500 |
|
|
|
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|
|
|
|
|
Nov-08 |
RUT |
620/630 Bear CS |
10/31 |
.70 |
expired profitable |
|
|
|
Nov-08 |
RUT |
600/610 Bear CS |
10/29 to 10/30 |
.55 to .70 |
expired profitable |
|
|
|
Nov-08 |
RUT |
330/340 Bull PS |
10/24 |
.75 to .85 |
expired profitable |
|
|
|
|
|
|
|
|
Note: All new November trades were open for 30 days or less |
13.0% |
$6,500 |
|
|
|
|
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|
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|
|
|
|
|
|
|
|
Oct-08 |
SPY |
135/140 Bear CS |
9/22 |
.20 |
expired profitable |
|
|
|
Oct-08 |
RUT |
830/840 Bear CS |
9/19 |
.75 |
expired profitable |
|
|
|
Oct-08 |
RUT |
620/630 Bull PS |
9/22 to 9/23 |
.75 to 1.00 |
Went ITM and will be rolled until it expires OTM |
|
|
|
Oct-08 |
RUT |
600/610 Bull PS |
9/4 to 9/23 |
.75 to 1.00 |
Went ITM and will be rolled until it expires OTM |
|
|
|
Oct-08 |
RUT |
580/590 Bull PS |
9/4 to 9/23 |
.75 to 1.00 |
Went ITM and will be rolled until it expires OTM |
|
|
|
|
|
|
|
|
We sustained a 35% loss on the ITM spreads from the Oct '08 crash; we
rolled them month-to-month and freed up 65% of our risk capital in Aug
and Sept '09. We don't abandon trades that go ITM, but use
advanced rolling strategies allowing us to get back a good % of our risk
capital - unlike what most other credit spread advisories do where they
just throw in the towel and let their subscribers lose 100% of their
risk capital. For more on what we learned and what we now do
differently to reduce the probabilities of this happening again please
go here. |
-35% |
-$15,000 |
|
|
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|
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|
|
|
|
Sep-08 |
RUT |
820/830 Bear CS |
8/11 to 8/15 |
.55 to .60 |
expired profitable |
|
|
|
Sep-08 |
RUT |
810/820 Bear CS |
8/1 to 8/14 |
.40 to .60 |
expired profitable |
|
|
|
Sep-08 |
RUT |
800/810 Bear CS |
8/1 to 8/6 |
.45 to .50 |
expired profitable |
|
|
|
Sep-08 |
RUT |
630/640 Bull PS |
8/19 to 8/25 |
.45 to .50 |
expired profitable |
|
|
|
Sep-08 |
RUT |
620/630 Bull PS |
8/1 to 8/7 |
.70 to 1.15 |
expired profitable |
|
|
|
Sep-08 |
RUT |
610/620 Bull PS |
8/4 |
1.10 |
expired profitable |
|
|
|
Sep-08 |
RUT |
600/610 Bull PS |
8/4 |
.70 to .75 |
expired profitable |
11.5% |
$5,750 |
|
|
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|
|
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|
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|
|
|
Aug-08 |
RUT |
770/780 Bear CS |
7/23 to 7/25 |
.45 to .65 |
expired profitable |
|
|
|
Aug-08 |
RUT |
760/770 Bear CS |
7/18 to 7/29 |
.45 to .65 |
Forced to close early on last day of trading for an average debit of 85
cents |
|
|
|
Aug-08 |
RUT |
750/760 Bear CS |
7/18 to 7/21 |
.70 to .75 |
Forced to close early for an average debit of $4.50 and rolled up to the
Aug 760/770 Bear CS, done in a single transaction, for a total debit of
$1.10 cents |
|
|
|
Aug-08 |
RUT |
620/630 Bull PS |
7/28 |
.50 to .55 |
expired profitable |
|
|
|
Aug-08 |
RUT |
590/600 Bull PS |
7/11 |
1.25 |
expired profitable |
|
|
|
Aug-08 |
RUT |
580/590 Bull PS |
7/11 |
1.10 |
expired profitable |
3.5% |
$1,750 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jul-08 |
RUT |
650/660 Bull PS |
6/9 |
.90 to .95 |
Forced to close early for an avg. debit of $3.10 & rolled down to Jul
630/640 Bull PS for avg. credit of $1.70, & Jul 620/630 Bull PS for avg.
credit of $1.50. |
|
|
|
Jul-08 |
RUT |
640/650 Bull PS |
6/2 to 6/27 |
.70 to 1.00 |
Forced to close early for an avg. debit of $3.10 & rolled down to Jul
620/630 Bull PS for avg. credit of $1.50. |
|
|
|
Jul-08 |
RUT |
630/640 Bull PS |
6/12 to 7/3 |
.55 to 1.10 |
expired profitable |
|
|
|
Jul-08 |
RUT |
620/630 Bull PS |
6/20 to 6/27 |
.60 to .65 |
expired profitable |
|
|
|
Jul-08 |
RUT |
610/620 Bull PS |
7/7 |
.90 |
expired profitable |
|
|
|
Jul-08 |
SPY |
121/126 Bull PS |
6/19 |
.44 |
Forced to close early for avg. debit of $1.35 & rolled down to Jul
116/121 Bull PS for avg. credit of .70 |
|
|
|
Jul-08 |
SPY |
118/123 Bull PS |
6/20 |
.48 |
Forced to close early for avg. debit of $1.45 & rolled down to Jul
116/121 Bull PS for avg. credit of .70 |
|
|
|
Jul-08 |
SPY |
116/121 Bull PS |
7/15 |
.72 |
expired profitable |
-10.5% |
-$5,250 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jun-08 |
RUT |
800/810 Bear CS |
5/12 to 5/19 |
.40 to .60 |
expired profitable |
|
|
|
Jun-08 |
RUT |
790/800 Bear CS |
5/27 to 6/4 |
.35 to .55 |
expired profitable |
|
|
|
Jun-08 |
RUT |
660/670 Bull PS |
6/2 |
.35 to .40 |
expired profitable |
|
|
|
Jun-08 |
RUT |
630/640 Bull PS |
5/9 to 5/23 |
.40 |
expired profitable |
|
|
|
Jun-08 |
RUT |
620/630 Bull PS |
5/5 to 5/9 |
.55 to .70 |
expired profitable |
|
|
|
Jun-08 |
SPY |
146/151 Bear CS |
5/27 to 5/30 |
.20 to .25 |
expired profitable |
|
|
|
Jun-08 |
SPY |
127/132 Bull PS |
6/5 |
.21 |
closed out early for a gain of .08 |
|
|
|
Jun-08 |
SPY |
125/130 Bull PS |
6/2 to 6/4 |
.28 to .33 |
expired profitable |
|
|
|
Jun-08 |
SPY |
124/129 Bull PS |
5/23 to 6/2 |
.22 to .38 |
expired profitable |
|
|
|
Jun-08 |
SPY |
122/127 Bull PS |
5/9 |
.34 to .36 |
expired profitable |
9.5% |
$4,750 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
May-08 |
RUT |
780/790 Bear CS |
4/10 to 4/18 |
.40 to .55 |
expired profitable |
|
|
|
May-08 |
RUT |
770/780 Bear CS |
4/18 |
.85 |
expired profitable |
|
|
|
May-08 |
RUT |
620/630 Bull PS |
4/10 |
.95 |
expired profitable |
|
|
|
May-08 |
RUT |
610/620 Bull PS |
4/11 to 4/14 |
.85 to 1.00 |
expired profitable |
|
|
|
May-08 |
RUT |
600/610 Bull PS |
4/11 to 4/14 |
.70 to .90 |
expired profitable |
|
|
|
May-08 |
SPY |
147/152 Bear CS |
4/10 |
.21 |
expired profitable |
|
|
|
May-08 |
SPY |
118/123 Bull PS |
4/11 |
.44 |
expired profitable |
|
|
|
May-08 |
SPY |
117/122 Bull PS |
4/11 |
.41 to .43 |
expired profitable |
10.0% |
$5,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Apr-08 |
RUT |
770/780 Bear CS |
3/24 to 4/2 |
.35 to .45 |
expired profitable |
|
|
|
Apr-08 |
RUT |
760/770 Bear CS |
2/14 to 3/3 |
.45 to .70 |
expired profitable |
|
|
|
Apr-08 |
RUT |
600/610 Bull PS |
2/28 to 3/31 |
.45 to .60 |
expired profitable |
|
|
|
Apr-08 |
RUT |
560/570 Bull PS |
3/17 to 3/18 |
.85 to .95 |
expired profitable |
|
|
|
Apr-08 |
SPY |
144/149 Bear CS |
3/24 to 3/25 |
.27 to .29 |
expired profitable |
|
|
|
Apr-08 |
SPY |
143/148 Bear CS |
4/7 to 4/8 |
.19 |
expired profitable |
|
|
|
Apr-08 |
SPY |
115/120 Bull PS |
3/28 to 3/29 |
.30 |
expired profitable |
|
|
|
Apr-08 |
SPY |
109/114 Bull PS |
3/17 to 3/18 |
.42 to .44 |
expired profitable |
10.5% |
$5,250 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mar-08 |
RUT |
610/620 Bull PS |
2/29 to 3/4 |
.55 to .75 |
expired profitable |
|
|
|
Mar-08 |
RUT |
600/610 Bull PS |
2/14 to 3/3 |
.55 to .85 |
expired profitable |
|
|
|
Mar-08 |
RUT |
790/800 Bear CS |
2/19 to 2/26 |
.25 to .30 |
expired profitable |
|
|
|
Mar-08 |
RUT |
810/820 Bear CS |
2/19 to 2/20 |
.20 |
expired profitable |
|
|
|
|
|
|
|
|
Note: These trades were open for about 35 days |
8.5% |
$4,250 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Feb-08 |
RUT |
610/620 Bull PS |
1/17 to 1/18 |
.95 to 1.25 |
expired profitable |
|
|
|
Feb-08 |
RUT |
590/600 Bull PS |
1/18 to 1/25 |
55 to 1.00 |
expired profitable |
|
|
|
Feb-08 |
RUT |
770/780 Bear CS |
1/28 to 2/1 |
.35 to .70 |
expired profitable |
|
|
|
Feb-08 |
RUT |
780/790 Bear CS |
1/23 to 1/31 |
.25 |
expired profitable |
|
|
|
|
|
|
|
|
These trades were open for only 30 days; because volatility was higher,
it allowed us to wait to close out our Jan trades befoe opening our Feb
trades |
13.0% |
$6,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jan-08 |
RUT |
680/690 Bull PS |
12/27 to 1/3 |
.50 to .70 |
Forced to close early on 1/9 at a avg. price of 3.00 |
|
|
|
Jan-08 |
RUT |
670/680 Bull PS |
12/27 to 1/3 |
.50 to 1.30 |
Forced to close early on 1/17 at a avg. price of 1.80 |
|
|
|
Jan-08 |
RUT |
660/670 Bull PS |
12/13 to 1/10 |
.60 to 1.10 |
expired profitable |
|
|
|
Jan-08 |
MID |
760/770 Bull PS |
12/17 |
.70 |
Forced to close early on 1/17 at a avg. price of 3.20 |
|
|
|
Jan-08 |
SPX |
1350/1360 Bull PS |
12/31 to 1/2 |
.55 to .60 |
Forced to close early on 1/17 at a avg. price of 4.30 |
|
|
|
Jan-08 |
SPX |
1340/1350 Bull PS |
12/19 to 12/20 |
.80 to .85 |
Forced to close early on 1/17 at a avg. price of 4.00 |
|
|
|
Jan-08 |
SPX |
1330/1340 Bull PS |
12/19 |
.75 |
Forced to close early on 1/17 at a avg. price of 3.70 |
|
|
|
|
|
|
|
|
Note: Because most of our spreads needed to be closed early due to the
correction we experienced this month, January required 30% reserve cash
to enable trade adjustments that helped us to keep our losses down to
11%. For more on making adjustments and why we needed to move in
reserve cash please visit the learning center and read "staying ahead of
the wave" strategy. |
-11.0% |
-$5,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2007 Total Simple ROI |
63% |
|
|
|
|
|
|
|
2007 Total Cash Generated |
|
$36,602 |
|
|
|
|
|
|
|
|
|
|
Dec-07 |
RUT |
640/650 Bull PS |
11/21 to 11/26 |
.70 to .75 |
expired profitable |
|
|
|
Dec-07 |
RUT |
650/660 Bull PS |
11/19 to 11/21 |
.80 to .90 |
expired profitable |
|
|
|
Dec-07 |
RUT |
660/670 Bull PS |
11/16 to 11/19 |
.85 to 1.00 |
expired profitable |
|
|
|
Dec-07 |
RUT |
840/850 Bear CS |
12/12 |
.15 |
expired profitable |
8.5% |
$4,250 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nov-07 |
RUT |
720/730 Bull PS |
10/19 to 11/1 |
.65 to .95 |
expired profitable |
|
|
|
Nov-07 |
RUT |
710/720 Bull PS |
10/19 to 10/24 |
.65 to .85 |
expired profitable |
7.5% |
$3,750 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Oct-07 |
RUT |
880/890 Bear CS |
10/5 to 10/11 |
.35 to .55 |
expired profitable |
|
|
|
Oct-07 |
RUT |
870/880 Bear CS |
10/1 to 10/8 |
.45 to .95 |
expired profitable |
|
|
|
Oct-07 |
RUT |
790/800 Bull PS |
10/12 to 10/16 |
.30 to .75 |
expired profitable |
|
|
|
Oct-07 |
RUT |
950/960 Bear CS |
10/5 |
.35 |
expired profitable |
|
|
|
Oct-07 |
RUT |
940/950 Bear CS |
10/2 |
.50 |
expired profitable |
8.0% |
$4,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sep-07 |
RUT |
670/680 Bull PS |
8/22 to 9/7 |
.50 to .85 |
expired profitable |
|
|
|
Sep-07 |
RUT |
860/870 Bear CS |
8/22 to 9/4 |
.45 to .55 |
expired profitable |
|
|
|
Sep-07 |
RUT |
870/880 Bear CS |
8/22 |
.45 |
expired profitable |
|
|
|
Sep-07 |
SPX |
1560/1575 Bear CS |
9/4 |
.70 |
expired profitable |
|
|
|
Sep-07 |
SPX |
1550/1565 Bear CS |
9/9 to 9/13 |
.55 to .75 |
expired profitable |
|
|
|
Sep-07 |
SPX |
1540/1555 Bear CS |
9/11 to 9/14 |
.40 to .60 |
expired profitable |
|
|
|
Sep-07 |
SPX |
1320/1335 Bull PS |
9/10 |
.65 |
expired profitable |
|
|
|
Sep-07 |
SPX |
1315/1330 Bull PS |
9/7 |
.60 |
expired profitable |
9.5% |
$4,750 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aug-07 |
RUT |
910/920 Bear CS |
7/19 |
.45 |
expired profitable |
|
|
|
Aug-07 |
RUT |
890/900 Bear CS |
7/23 |
.75 |
expired profitable |
|
|
|
Aug-07 |
RUT |
830/840 Bear CS |
8/2 to 8/13 |
.45 to .80 |
expired profitable |
|
|
|
Aug-07 |
RUT |
760/770 Bull PS |
7/6 to 7/18 |
.65 to .85 |
Spread got hit and had to be closed out early for about $4.50 |
|
|
|
Aug-07 |
RUT |
740/750 Bull PS |
7/24 to 8/1 |
.95 to 2.55 |
Spread got hit and had to be closed out early for about $3.50 |
|
|
|
Aug-07 |
RUT |
730/740 Bull PS |
8/1 to 8/7 |
1.40 to 1.90 |
expired profitable |
|
|
|
Aug-07 |
RUT |
710/720 Bull PS |
7/27 to 8/7 |
.80 to 1.60 |
expired profitable |
|
|
|
|
|
|
|
|
Because some of our spreads needed to be closed out early, October
required 35% reserve cash to enable trade adjustments. For more on
making adjustments and why we needed to move in reserve cash please
visit the learning center and read "what if the market surges, how do we
protect ourselves?". |
-5% |
-$2,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jul-07 |
RUT |
890/900 Bear CS |
6/27 to 6/28 |
.40 to .55 |
expired profitable |
|
|
|
Jul-07 |
RUT |
760/770 Bull PS |
6/8 to 6/25 |
.55 to 1.10 |
expired profitable |
10.5% |
$5,250 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jun-07 |
RUT |
870/880 Bear CS |
5/25 to 5/29 |
.50 |
expired profitable |
|
|
|
Jun-07 |
RUT |
880/890 Bear CS |
5/2 to 6/1 |
.45 to .95 |
expired profitable |
|
|
|
Jun-07 |
RUT |
790/800 Bull PS |
6/5 to 6/6 |
.25 to .40 |
expired profitable |
8.5% |
$4,250 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
May-07 |
RUT |
870/880 Bear CS |
4/10 to 4/25 |
.45 |
expired profitable |
|
|
|
May-07 |
RUT |
860/870 Bear CS |
5/4 to 5/9 |
.50 |
expired profitable |
|
|
|
May-07 |
RUT |
850/860 Bear CS |
5/5 |
1.15 |
expired profitable |
|
|
|
May-07 |
RUT |
770/780 Bull PS |
5/10 |
.25 |
expired profitable |
|
|
|
May-07 |
RUT |
720/730 Bull PS |
4/4 to 4/9 |
.50 |
expired profitable |
|
|
|
May-07 |
SPX |
1545/1560 Bear CS |
4/25 |
.70 |
expired profitable |
|
|
|
May-07 |
SPX |
1535/1550 Bear CS |
4/23 |
.80 |
expired profitable |
|
|
|
May-07 |
SPX |
1510/1525 Bear CS |
4/13 |
.55 |
The SPX surged into the short 1510. We closed out the 1510/1525
1325/1340 iron condor for a debit of $6.50. |
|
|
|
May-07 |
SPX |
1325/1340 Bull PS |
4/4 |
.70 |
expired profitable |
0% |
$0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Apr-07 |
RUT |
850/860 Bear CS |
3/9 to 3/12 |
.35 to .50 |
expired profitable |
|
|
|
Apr-07 |
RUT |
710/720 Bull PS |
3/5 to 3/19 |
.60 to .75 |
expired profitable |
|
|
|
Apr-07 |
RUT |
720/730 Bull PS |
2/28 to 3/12 |
.85 to 1.00 |
expired profitable |
|
|
|
Apr-07 |
RUT |
730/740 Bull PS |
3/26 to 4/2 |
.45 to .55 |
expired profitable |
|
|
|
Apr-07 |
RUT |
740/750 Bull PS |
3/29 |
.80 |
expired profitable |
|
|
|
Apr-07 |
MID |
880/890 Bear CS |
3/15 & 3/21 |
.50 to .70 |
MID climbed dangerously close to our short 880 call the last few days
before expiration and we decided to close out all of our MID Bear Call
Spreads for about $2.30 |
|
|
|
Apr-07 |
MID |
750/760 Bull PS |
3/14 |
.45 |
expired profitable |
4.0% |
$2,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mar-07 |
RUT |
850/860 Bear CS |
1/25 |
.40 |
Market continued rise; we decided to unwind a few of our 850/860 spreads
and bought this one back for $1.30 debit |
|
|
|
Mar-07 |
RUT |
850/860 Bear CS |
1/26 |
.45 |
We freed up some maintenance so we could place an April trade; sold it
for .45 and bought it back for .35 |
|
|
|
Mar-07 |
RUT |
860/870 Bear CS |
1/29 |
.40 |
Closed out 15 short 860 calls to free up some maintenance. Bought
them back for a nickel. |
|
|
|
Mar-07 |
RUT |
850/860 Bear CS |
1/29 |
.75 |
expired profitable |
|
|
|
Mar-07 |
RUT |
850/860 Bear CS |
2/1 |
1.10 |
expired profitable |
|
|
|
Mar-07 |
RUT |
860/870 Bear CS |
2/7 |
.60 |
expired profitable |
|
|
|
Mar-07 |
RUT |
730/740 Bull PS |
2/9 |
.50 |
expired profitable |
|
|
|
Mar-07 |
RUT |
860/870 Bear CS |
2/13 |
.40 |
expired profitable |
|
|
|
Mar-07 |
RUT |
860/870 Bear CS |
2/21 |
.45 |
expired profitable |
|
|
|
Mar-07 |
RUT |
730/740 Bull PS |
3/1 |
.60 |
expired profitable |
|
|
|
Mar-07 |
RUT |
710/720 Bull PS |
3/5 |
.55 |
expired profitable |
8.0% |
$4,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Feb-07 |
RUT |
710/720 Bull PS |
1/3 |
.80 |
expired profitable |
|
|
|
Feb-07 |
RUT |
710/720 Bull PS |
1/8 |
1.10 |
expired profitable |
|
|
|
Feb-07 |
RUT |
700/710 Bull PS |
1/10 |
.65 |
expired profitable |
|
|
|
Feb-07 |
RUT |
850/860 Bear CS |
1/12 |
.25 |
expired profitable |
|
|
|
Feb-07 |
RUT |
850/860 Bear CS |
1/12 |
.30 |
expired profitable |
|
|
|
Feb-07 |
RUT |
710/720 Bull PS |
1/18 |
.45 |
expired profitable |
8.0% |
$4,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jan-07 |
RUT |
690/700 Bull PS |
11/28/06 |
.75 |
expired profitable |
|
|
|
Jan-07 |
RUT |
690/700 Bull PS |
11/28/06 |
.55 |
expired profitable |
|
|
|
Jan-07 |
RUT |
850/860 Bear CS |
12/14/06 |
.45 |
expired profitable |
|
|
|
Jan-07 |
RUT |
850/860 Bear CS |
12/14/06 |
.45 |
expired profitable |
6.0% |
$2,852 |
|
|
|
|
|
|
|
|
|
|
|
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2006 |
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2006 Total Simple ROI |
42% |
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2006 Total Cash Generated |
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$26,171 |
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Dec-06 |
RUT |
830/840 Bear CS |
11/7 |
.40 |
expired profitable |
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Dec-06 |
RUT |
680/690 Bull PS |
11/9 |
.40 |
expired profitable |
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Dec-06 |
RUT |
830/840 Bear CS |
11/16 |
.75 |
expired profitable |
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Dec-06 |
RUT |
730/740 Bull PS |
11/27 |
.80 |
expired profitable |
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Dec-06 |
RUT |
730/740 Bull PS |
11/28 |
.55 |
expired profitable |
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Dec-06 |
RUT |
720/730 Bull PS |
11/29 |
.50 |
expired profitable |
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Dec-06 |
RUT |
720/730 Bull PS |
12/1 |
.35 |
expired profitable |
5.0% |
$2,355 |
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Nov-06 |
RUT |
800/810 Bear CS |
12/4 |
.40 |
2 days before expiration the RUT ran up close to our short. We
closed out this spread and then placed an spx 1410 1420 bear call spread
to bring in more premium |
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Nov-06 |
RUT |
800/810 Bear CS |
10/4 |
.45 |
We closed out this spread and then placed an spx 1410 1420 bear call
spread to bring in more premium |
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Nov-06 |
RUT |
800/810 Bear CS |
10/5 |
.50 |
20 were closed at .95. and 5 were closed at 1.65. We
estimated that the average was about 1.10. |
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Nov-06 |
RUT |
800/810 Bear CS |
10/5 |
.60 |
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Nov-06 |
RUT |
660/670 Bull PS |
10/12 |
.45 |
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Nov-06 |
RUT |
820/830 Bear CS |
10/19 |
.60 |
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Nov-06 |
RUT |
820/830 Bear CS |
10/19 |
.65 |
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Nov-06 |
SPX |
1410/1430 Bear CS |
11/15 |
.50 |
Put this trade on to offset some of the losses of closing out a few
spreads early - decided to close out the RUT 2 days before expiration |
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Nov-06 |
SPX |
1410/1430 Bear CS |
11/15 |
.60 |
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0% |
-$53 |
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Oct-06 |
RUT |
640/650 Bull PS |
8/29 |
1.30 |
expired profitable |
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Oct-06 |
RUT |
790/800 Bear CS |
9/1 |
.50 |
expired profitable |
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Oct-06 |
RUT |
790/800 Bear CS |
9/1 |
.45 |
expired profitable |
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Oct-06 |
RUT |
640/650 Bull PS |
9/8 |
1.10 |
expired profitable |
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Oct-06 |
RUT |
640/650 Bull PS |
9/19 |
.60 |
expired profitable |
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Oct-06 |
RUT |
640/650 Bull PS |
9/19 |
.40 |
expired profitable |
7.0% |
$3,330 |
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Sep-06 |
RUT |
590/600 Bull PS |
8/11 |
.55 |
expired profitable |
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Sep-06 |
RUT |
620/630 Bull PS |
8/23 |
.30 |
expired profitable |
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Sep-06 |
RUT |
740/750 Bull PS |
8/25 |
.65 |
expired profitable |
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Sep-06 |
RUT |
760/770 Bull PS |
8/18 |
.55 |
expired profitable |
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Sep-06 |
SPX |
1230/1240 Bull PS |
8/22 |
.35 |
expired profitable |
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Sep-06 |
SPX |
1230/1240 Bull PS |
8/22 |
.30 |
expired profitable |
4.0% |
$2,017 |
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Aug-06 |
RUT |
620/630 Bull PS |
7/12 |
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expired profitable |
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Aug-06 |
RUT |
600/610 Bull PS |
7/21 |
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expired profitable |
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Aug-06 |
SPX |
1180/1190 Bull PS |
7/13 |
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expired profitable |
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Aug-06 |
SPX |
1150/1160 Bull PS |
7/18 |
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expired profitable |
7.0% |
$3,638 |
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Jul-06 |
RUT |
620/630 Bull PS |
6/7 |
.55 |
expired profitable |
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Jul-06 |
RUT |
600/610 Bull PS |
6/20 |
.60 |
expired profitable |
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Jul-06 |
RUT |
660/670 Bull PS |
6/15 |
3.80 |
expired profitable |
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Jul-06 |
RUT |
770/780 Bear CS |
6/30 |
.30 |
expired profitable |
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Jul-06 |
RUT |
750/760 Bear CS |
6/20 |
.55 |
expired profitable |
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Jul-06 |
SPX |
1175/1185 Bull PS |
6/7 |
.70 |
expired profitable |
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Jul-06 |
SPX |
1160/1170 Bull PS |
6/20 |
.70 |
expired profitable |
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Jul-06 |
SPX |
1305/1315 Bear CS |
6/20 |
.55 |
expired profitable |
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Jul-06 |
SPX |
1310/1320 Bear CS |
6/21 |
.35 |
expired profitable |
5.0% |
$2,283 |
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Jun-06 |
RUT |
630/640 Bull PS |
5/22 |
.40 |
expired profitable |
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Jun-06 |
RUT |
670/680 Bull PS |
5/15 |
.55 |
RUT dropped hard and the index got close to the short 680; we adjusted
and rolled spread into July |
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Jun-06 |
RUT |
780/790 Bear CS |
5/25 |
.15 |
expired profitable |
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Jun-06 |
SPX |
1380/1390 Bear CS |
5/5 |
.45 |
expired profitable |
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Jun-06 |
SPX |
1230/1240 Bull PS |
5/12 |
.45 |
The index went into the money on the 1240 put. We adjusted by
creating an Iron butterfly with same strikes over the 1230/1240 put bull
put spread |
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Jun-06 |
SPX |
1240/1250 Bear CS |
6/13 |
3.00 |
SPX dropped down into the money on the June 1240 put; we adjusted
to an Iron Butterfly by opening June 1240/1250 Bear Call spread for a
credit $3 |
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Jun-06 |
SPX |
1320/1330 Bear CS |
5/25 |
.30 |
expired profitable |
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Jun-06 |
SPX |
1200/1210 Bull PS |
5/22 |
.90 |
expired profitable |
-7.0% |
-$3,654 |
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May-06 |
RUT |
830/840 Bear CS |
4/21 |
.20 |
expired profitable |
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May-06 |
RUT |
690/700 Bull PS |
4/21 |
.25 |
expired profitable |
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May-06 |
SPX |
1370/1380 Bear CS |
4/18 |
.20 |
expired profitable |
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May-06 |
SPX |
1210/1220 Bull PS |
4/12 |
.55 |
expired profitable |
3.0% |
$1,517 |
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Apr-06 |
RUT |
650/660 Bull PS |
3/2 |
.50 |
expired profitable |
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Apr-06 |
RUT |
800/810 Bear CS |
3/2 |
.50 |
expired profitable |
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Apr-06 |
RUT |
630/640 Bull PS |
3/7 |
.50 |
expired profitable |
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Apr-06 |
RUT |
800/810 Bear CS |
3/14 |
.35 |
expired profitable |
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Apr-06 |
SPX |
1185/1200 Bull PS |
3/2 |
.60 |
expired profitable |
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Apr-06 |
SPX |
1360/1375 Bear CS |
3/2 |
.65 |
expired profitable |
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Apr-06 |
SPX |
1195/1205 Bull PS |
3/7 |
.60 |
expired profitable |
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Apr-06 |
SPX |
1360/1370 Bear CS |
3/14 |
.40 |
expired profitable |
5.0% |
$2,417 |
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Mar-06 |
SPX |
1195/1210 Bull PS |
2/3 |
1.50 |
expired profitable |
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Mar-06 |
SPX |
1320/1330 Bear CS |
2/9 |
.85 |
expired profitable |
12.0% |
$5,789 |
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Feb-06 |
RUT |
750/760 Bear CS |
1/10 |
.60 |
expired profitable |
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Feb-06 |
RUT |
650/640 Bull PS |
1/11 |
.60 |
expired profitable |
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Feb-06 |
SPX |
1335/1350 Bear CS |
1/11 |
1.10 |
expired profitable |
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Feb-06 |
SPX |
1215/1225 Bull PS |
1/18 |
.70 |
expired profitable |
7.0% |
$3,322 |
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Jan-06 |
RUT |
610/620 Bull PS |
12/28/05 |
.75 |
expired profitable |
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Jan-06 |
SPX |
1210/1220 Bull PS |
12/5/05 |
.55 |
expired profitable |
6.0% |
$3,210 |
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