upI didn’t do pretty good this month…

ET was a mistake, I accidentally executed a sell order on a put option which I’m suppose to buy. Made about $1 loss there from the commission charged.

HUM, OII and JBHT was doing great and gave me a $300 profit initially but because I held it for too long (greed sucks sometimes), I ended up with a $35 gross profit. *sob* I broke the system rules by not using trailing stop loss.

XEC was disappointing. After about 4 days of monitoring the stock and seeing the put premium falling, I decided to sell it to avoid further loss. Besides that, my internet access will be disconnected for a few days because I’ll be moving to a new apartment. On monday (4th day), the stock started to fall and fall and fall….. the put now costs $5! :`(

Balance after exit trade made in February: $2086.09*


EXEC TIME SPREAD SIDE QTY SYMBOL SPC EXP STRIKE TYPE PRICE NET PRICE
04/02/06 00:06:31 SINGLE SELL -1 ET 100 MAR 06 25 PUT 2.30 2.30
04/02/06 00:42:50 SINGLE BUY +1 ET 100 MAR 06 25 PUT 2.25 2.25
RETURN: -2.17%
10/02/06 23:17:23 SINGLE BUY +1 DOW 100 MAR 06 40 CALL 2.20 2.20
16/02/06 00:17:22 SINGLE SELL -1 DOW 100 MAR 06 40 CALL 3.30 3.30
RETURN: +50%
16/02/06 00:28:34 SINGLE BUY +1 HUM 100 MAR 06 50 CALL 3.30 3.30
25/02/06 03:35:50 SINGLE SELL -1 HUM 100 MAR 06 50 CALL 3.90 3.90
RETURN: +18.18%
17/02/06 23:25:01 SINGLE BUY +1 OII 100 MAR 06 55 CALL 3.90 3.90
24/02/06 01:10:23 SINGLE SELL -1 OII 100 MAR 06 55 CALL 3.60 3.60
RETURN: -7.69%
17/02/06 23:50:02 SINGLE BUY +1 JBHT 100 MAR 06 25 PUT 1.10 1.10
28/02/06 00:28:59 SINGLE SELL -1 JBHT 100 MAR 06 25 PUT 1.15 1.15
RETURN: -4.55%
28/02/06 22:51:23 SINGLE BUY +1 XEC 100 APR 06 45 PUT 3.20 3.20
04/03/06 02:59:41 SINGLE SELL -1 XEC 100 APR 06 45 PUT 2.55 2.55
RETURN: -20.31%

* After commissions, SEC fees, interest earned, non-resident alien withholding

Total profit for the month: +33.46%
Average profit for the month: +5.58%

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