Sunday, February 24, 2008

Week 9 Trades Im actually bullish

Sorry for that long delay but it was an emergency but now Im back and ready to trade.
I'm extremely bullish on the commodity etfs so I decided to purchase calls on most of the powershares commodity etfs. I decided to exclude the stoplimit of +20% because Im going to let the winners run a little bit (maybe double up) So my portfolio consist of:

DBA (adding on to my position)-April 41 +7 $1500

DBC- April 36 +11 $1000

DBE- Jul 37 +5 $1500

DBP- Jul 35 +3 $1500

DBB- April +10 $1000

I still have the original DBA and SDS trades going on

Net Liquidating Value= $16,200
Available Funds= $5,858



Image Hosted by ImageShack.us

0 comments: