Category Archives: Arbitrage Account Trades

Long time readers will know that I’m carrying DDM as baggage in my portfolio and although I’m holding from a high of $74 I have been selling calls and they’ve pretty much been expiring worthless.   Today I sold 4 contracts … Continue reading →

Back in January 2010, I sold 4 contracts on DDM July 17 $48 strikes on the premise that the Dow would take a hit by summer.  Well summer is almost here and the Dow has tanked.   I bought back my … Continue reading →

For long time readers, some of you may know that I’m still carrying about 800 shares of leveraged Dow shares (DDM) in a variety of accounts.    Many of these ETFs were bought near the peak at $70+ while DDM is … Continue reading →

I sold 600 DUG @ $44.84 to essentially break even on all my DUG transactions.   I had made about $4,200 in options profits and I took about a $4,200 loss on DUG so I’ve broken even.   I’m actually pulling 40k … Continue reading →

I just bought back my DUGKY contracts that I sold a few days ago for $9.00 at $2.00 so I’ll keep a full $7.00 x 600 = $4,200 in profits and be clear of any options obligations.    I didn’t get … Continue reading →

I picked up 600 shares of DUG @ $51.80 in my Arbitrage account and sold 6 November $51 contracts @ $9.00 to rake in about $5,400. This will be an 18% return if I’m NOT called and 17% return if … Continue reading →

I purchased back my 4 XHB contracts (XXJLW) for $0.15 today for $60 total.   I breached the 90% barrier on gains on the call options so I decided to close out and wait for XHB to rally and resell … Continue reading →

I just sold 5 October $42 (DUGJP) contracts for $2.65 to rake in about $1300.00.    The goal here is to hopefully be called and force a sale of my shares at $42 even though I purchased them at $43.50.   Here’s … Continue reading →

I just bought back the 5 contracts for $0.80 that I sold last week for $4.30.   I actually made the 80% profit threshold I wrote about recently and decided to buy the contracts back.   I sold them for $2141 and … Continue reading →

I bought 500 shares of DUG at $43.50 and sold 5 October $43 strikes for $4.30 to rake in about $2150.    This represents a 10% return in 30 days till October expiry if I don’t get called and 9% if … Continue reading →