BTO=buy to open; BTC=buy to close; STO=sell to open; STC=sell to close; ExW=expired worthless; EXE=exercised; ASS=assigned
Month |
Under- lying |
Under- lying Open $ |
Position Open |
Date & Time |
Under- lying Close $ |
Position Close |
Date & Time |
Profit or Loss |
January |
ABX |
$49.54 |
STO ABX NV Feb. 42.5 Put @ $0.60 |
1/10/08 @ 3:55 pm |
$47.59 |
ExW ABX NV Feb. 42.5 Put @ $0.00 |
2/15/08 @ 4:00 pm |
10.09% gain* |
February box debit spread |
USO |
$69.42 |
BTO UNA CS Mar. 71 Call @ $2.15 |
2/7/08 @ 1:20 pm |
$81.30 |
EXE UNA CS Mar. 71 call @ $4.00 |
3/20/08 @ 4:00 pm |
34.48% gain |
USO |
$69.42 |
STO UNA CW Mar. 75 Call @ $0.95 |
2/7/08 @ 1:20 pm |
$81.30 |
ASS UNA CW Mar. 75 Call @ $0.00 |
3/20/08 @ 4:00 pm |
for box |
|
USO |
$69.42 |
BTO UNA OP Mar. 68 Put @ $2.20 |
2/7/08 @ 1:20 pm |
$81.30 |
ExW UNA OP Mar. 68 Put @ $0.00 |
3/20/08 @ 4:00 pm |
debit |
|
USO |
$69.42 |
STO USO OC Mar. 64 Put @ $0.90 |
2/7/08 @ 1:20 pm |
$81.30 |
ExW USO OC Mar. 64 Put @ $0.00 |
3/20/08 @ 4:00 pm |
spread |
|
March |
NFLX |
$33.72 |
BTO QNQ FY Jun. 27.5 Call @ $7.40 |
3/12/08 @ 12:18 pm |
$39.97 |
STC QNQ FY Jun. 27.5 call @ $12.50 |
4/21/08 @ 11:20 am |
68.92% gain |
April |
CALM |
$28.97 |
BTO QKM HE Aug. 25 Call @ $6.20 |
4/14/08 @ 3:55 pm |
$31.54 |
STC QKM HE Aug. 25 call @ $7.20 |
6/10/08 @ 10:46 am |
16.13% gain |
May |
JBHT |
$33.22 |
STO JHQ RF Jun. 30 Put @ $0.45 |
5/23/08 @ 3:55 pm |
$34.53 |
ExW JHQ RF Jun. 30 Put @ $0.00 |
6/20/08 @ 4:00 pm |
8.13% gain* |
June |
USO |
$110.12 |
BTO JYS GD Jul. 108 Call @ $7.20 |
6/10/08 @ 11:03 am |
$111.70 |
STC JYS GD Jul. 108 Call @ $5.80 |
7/8/08 @ 9:30 am |
-19.44% loss |
July spread |
XLF |
$21.60 |
BTO XLF TU Sept. 21 Put @ $0.70 |
7/31/08 @ 3:55 pm |
$20.66 |
STC XLF TU Sept. 21 Put @ $1.19 |
9/11/08 @ 1:10 pm |
98.57% gain |
XLF |
$21.60 |
STO XLF TS Sept. 19 Put @ $0.20 |
7/31/08 @ 3:55 pm |
$20.66 |
ExW XLF TS Sept. 19 Put @ $0.00 |
9/11/08 @ 1:10 pm |
for spread |
|
August spread |
FRE |
$8.17 |
BTO FRE IB Sept. 10 Call @ $0.95 |
7/31/08 @ 3:55 pm |
$5.29 |
STC FRE IB Sept. 10 Call @ $0.15 |
8/15/08 @ 3:55 pm |
-31.58% loss |
FRE |
$8.17 |
STO FRE IZ Sept. 12 Call @ $0.50 |
7/31/08 @ 3:55 pm |
$5.29 |
ExW FRE IZ Sept. 12 Call @ $0.00 |
9/19/08 @ 4:00 pm |
for spread |
|
September |
USO |
$86.41 |
STO IYS JV Oct. 100 Call @ $0.80 |
9/25/08 @ 1:50 pm |
$59.33 |
ExW IYS JV Oct. 100 Call @ $0.00 |
10/17/08 @ 2:42 pm |
8.47% gain* |
October |
RTH |
$73.71 |
STO RTH KQ Nov. 85 Call @ $1.25 |
10/17/08 @ 2:42 pm |
$64.17 |
ExW RTH KQ Nov. 85 Call @ $0.00 |
11/21/08 @ 4:00 pm |
14.50% gain* |
November spread |
AAPL |
$82.58 |
BTO QAA XP Dec. 80 Put @ $6.90 |
11/21/08 @ 3:55 pm |
$101.15 |
STC QAA XP Dec. 80 Put @ $0.45 |
12/9/08 @ 3:05 pm |
-42.75% loss |
AAPL |
$82.58 |
STO QAA XN Dec. 70 Put @ $3.50 |
11/21/08 @ 3:55 pm |
$90.00 |
ExW QAA XN Dec. 70 Put @ $0.00 |
12/19/08 @ 4:00 pm |
for spread |
|
December |
UYG |
$6.30 |
STO UUF XE Dec. 5 Put @ $0.20 |
12/9/08 @ 3:30 pm |
$5.80 |
ExW UUF XE Dec. 5 Put @ $0.00 |
12/19/08 @ 4:00 pm |
24.10% gain* |
(2006, 2007, 2009, 2010, 2011, 2012, 2013, 2014, Current, trade results) Cumulative Profit or Loss for 2008*** = 189.62%
Overall Profit or Loss all years*** = 2516.44%
* The yield calculation formula for Naked Calls or Puts is as follows:Percentage Yield = call or put premium / margin amount
Where,
margin amount = the greater of either 1 or 2:1) [25%** x stock price + call or put premium] - amount call or put is out of the money
2) [10% x stock price + call or put premium]
**Margin percentages vary from broker to broker, we assume the standard of 25%.
***Assumes equal dollar amounts placed in each trade.
Free monthly trade recommendations by Dixie Derivatives, 4254 NE Skyline Dr., Jensen Bch., FL 34957. E-mail: Contact@dixiederivatives.com. These free trades may not be reproduced in whole or in part without explicit permission from a duly authorized officer of Dixie Derivatives, except by established newspapers that wish to quote brief passages for purpose of review. We advise all readers to recognize that they should not assume that future recommendations will be profitable or will equal to the performance of any past recommendations. The information presented herein has been obtained from sources believed to be reliable, but there is no guarantee of accuracy. This publication should be used only by sophisticated investors who are aware of the risks in forecasting in options or derivative trading of any type. It is recommended that readers carefully read the brochure prepared by the Options Clearing Corporation and restrict commitments to funds that can be lost without undue financial hardship. The security portfolio of our employees, officers and affiliated companies may, in some instances, include securities mentioned in this issue. Any enclosed third-party promotional materials should be considered a paid advertisement and do not constitute an endorsement of these products or services by Dixie Derivatives.