Saturday, December 29, 2007

12/17/07 - 12/21/07 Roundtrip Option Plays

Hope you all had a great holiday. We had an eventful one. Thought I would take some time to catch up on my bookkeeping today, including a few missing tracking posts on this blog.

12/21/07 was option expiration, so I did more equity trades than option trades this week, but for what it's worth, here they are.

12/17/07
RIMM puts gain 1.00
PCU calls loss .50
GOOG call loss 1.40
GOOG call loss .60

12/18/07
GOOG puts loss 1.00
GOOG calls loss .50
RIMM calls gain .50
GS puts gain 1.00

12/19/2007
FWLT calls loss .20
MS loss .20

I finally got smart after the 19th and stopped playing options the rest of the week. As you can see I had more losing than winning trades this week, further demonstrating that not playing options on expiration week is a good idea.

Always perform your own due diligence before making any investment.

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