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OPTION PORTFOLIO
http://stockoptions.skynetblogs.be/
This financial blog enables you to track for free a real-money portfolio of stock options. The strategy consists of selling (writing) 100% cash-covered put options on US stocks. This defensive market approach aims to generate annual profits in the range of 10 to 20 %, regardless of the direction of the market.
Recent Posts
Some bottom fishing...
Last Friday our short October USD 25.00 puts on ENERGY CONVERSION DEVICES (ENER / USD 25.59 / YTD – 8,4 %) expired worthless. We earned the full premium and made USD 330 on the trade. Calculated on the 100% margin we deposited, we m...
Good and bad.
Our order to sell 5 calls PACIFIC ETHANOL (PEIX - USD 11.17) March 2008 USD 12.50 at a price of USD 1.00 was filled yesterday. We were not too bullish on the stock and wanted to earn some money on our long position (we had to buy the stock back in Ju...
End of the hype?
So far this year, our alternative energy stockpick PACIFIC ETHANOL (PEIX - USD 10.77) has not been our best investment. The company produces and markets renewable fuels in the western United States. It produces and sells ethanol, and provides transpo...
Orders filled.
Both our open orders are filled: We sold 10 puts PANACOS PHARMA (PANC – USD 2.81) January 2008 with strike USD 2.50 at a price of USD 0.35. For the obligation to buy PANC at USD 2.50 if the stock would trade below 2.50 towards the maturit...
PANC:a HIV play?
Today we would like to present a young and small biotech firm. PANACOS PHARMA (PANC - USD 2.89) engages in the discovery and development of small-molecule oral drugs designed to treat Human Immunodeficiency Virus (HIV) and other human viral diseases....
ENER order filled.
Our order to sell 2 puts Energy Conversion Devices (ENER - USD 25.95) october 2007 USD 25 at a price of USD 1.65 was filled last week. By selling these puts we are entering the obligation to buy 200 ENER shares at a price of USD 25 if they trade belo...
