Sunday, January 20, 2008

Week 4 Trades AGGRESSIVE!!!!!

So for Week 4 I decided to have 5 picks each around about $1,000 in value, except for RUT ($3,000). The trades were basically buying puts, with the exception of selling one IRON CONDOR. This week there will be alot of major earnings reports, and I believe most of those reports will be bearish. My trades are:
Tyco International Ltd. (TYC) +5 Feb08 35 Puts
Kraft Foods Inc. (KFT) +11 Feb08 30 Puts
Procter & Gamble Co. (PG) +4 Feb08 70 Puts
SCANA Corp. (SCG) +6 Feb08 40 Puts
RUSSELL 2000 INDEX (RUT) -4 Feb08 740, +4 Feb08 750, -4 Feb08 600, +4 Feb08 590 (IRON CONDOR)

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SYM QTY Mon Yr Stk Typ
TYC--+5-Feb-08-35-Puts
PG---+4-Feb-08-70-Puts
KFT-+11-Feb-08-30-Puts
SCG--+6-Feb-08-40-Puts
RUT-Iron Condonr



Position Statement

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TYC +5 Feb 08 35 Puts

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PG +4 Feb 08 70 Puts

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KFT +11 Feb 08 30 Puts

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SCG +6 Feb 08 40 Puts

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Order Descriptions

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2 comments:

Anonymous said...

With the world's markets way down, as well as the futures, you look pretty good for tomorrow (1/22)with your put positions.

52weekHi said...

But the market is a tad bit oversold