Investing Adventures » ILMN http://investingadventures.com Having Fun with Options Sat, 27 Mar 2010 11:14:42 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Daily Update – July 7, 2008 http://investingadventures.com/2008/07/daily-update-july-7-2008.html http://investingadventures.com/2008/07/daily-update-july-7-2008.html#comments Mon, 07 Jul 2008 20:40:22 +0000 Jorge http://investingadventures.com/?p=512 Hope everyone had a great 4th of July.  While I enjoyed the break, I was itching to get back into the market.  The morning action wasn’t a surprise and neither was the dip in my account.  I’m about 50% cash right now so I’m feeling fairly comfortable.  I’m still heavily negative delta which is a concern.  I can’t for the life of me hold on to any calls without getting stopped out.  I may end up hedging against a bounce with some index calls but I need to figure out how to implement that into my trading plan.  A contingency plan of sorts I suppose.

Contracts traded:  9 (ILMN loss, V roll, STT roll)

Profit / Loss : $933

*** New Account High ***

I’m now looking at a 30% profit from my initial investment last year + the loan I gave my account earlier this year.  The longer this keeps up,the more I’m thinking maybe things are falling into place.  We shall see I suppose!

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