Wednesday, December 24, 2008

New Positions - USO, BA, YHOO, CAT, PRU

New Positions opened over the past couple of days

USO BTO 200 shares @ 32.95 ($6599.93)
STO 2 31 Jan 09 @4.10 Income $807.04
If Exercised 6.02 % Net, Monthly 7.52%, Annual 91.52%

BA BTO 200 shares @40.66 ($8141.95)
STO 2 40 Jan 09 @2.50 Income $487.04
If Exercised 4.12% Net, Monthly 5.15%, Annual 62.60%

YHOO BTO 1000 shares @ 12.76 ($12,774.45)
STO 10 12.5 Jan 09 @1.51 Income $1,497.04
If Exercised 9.49% Net, Monthly 11.87%, Annual 144.37%

CAT BTO 200 shares @41.37 ($8283.57)
STO 2 42.5 Jan 09 @2.00 Income $387.04
If Exercised 7.17% Net, Monthly 8.96%, Annual 108.97%

PRU BTO 500 shares @27.12 ($13,568.95)
STO 5 25 Jan op @4.20 Income $2087.03
If Exercised 6.95% Net,, Monthly 10.13%, Annual 123.27%

UNH BTO 400 Shares @26.29 ($10,525.94)
STO 4 27 Jan 09 @1.20 Income $467.04
If Exercised 6.95% Net, Monthly 9.06%, Annual 110.23%

1 comment:

David Allen said...

Hal, for starting in March of '08 you seem to be doing quite well and have a firm understanding of the concepts. Have you thought about selling naked puts to enter into your stock positions? They are very similar to covered calls in risk profile. A great book is Put Options by Jeffrey Cohen. I have added your blog to my blog list. Here is my blog: http://optionpremiumcollector.blogspot.com/. If you like it maybe you can add my blog to your list. If not, that's okay too. Best of luck to you in your trading.