August 08 Performance

Simply terrible. I got everything wrong. Gone into negative performance for the month of August.

AKAM Put (2+): Just lucky that it got a big drop after I bought the put.

LULU Put (1+): Sold at the bottom area of the channel. 

GES Put (-): From positive to negative!

TK Put (+): Another lucky trade that got a big drop right after I enter.

GLW Call (---): Expired worthless!

CAT Call (---): Another expired worthless!

STLD Call (---): Another worthless.

It is a tough August for me. Hopefully September will be better.

Jun 08 Performance

Luck still with me. Still managed to read the trend change from up to down. Closed the following positions in the month of June:

1. VLO put (--): Thought that oil will go lower, got fooled into cutting loss.
2. EP call (++): Sold out my nearer term call, then opened a longer term call.
3. MR call (++): Managed to get out at the top. This is the only one that I have perfect exit.
4. QCOM call (+): Didn't get a good price, but I'm still satisfied with the return as it got really volatile during the trend change.
5. HAL call (-): Cut loss on this one too as I thought that oil will get lower. Anyhow, I enter back a position later into the month.
6. BAC put (++++): Cannot resist in taking profit. This is my best ever return so far. Still got 2/3 position left.

For the rest of my call ideas, it looks like they are going to expire worthless: CAT call, GLW call and SLT call. Luckily, the put ideas is enough to compensate for my loss.

A summary of my holdings:

1. Calls: HAL, EP, STLD, CAT, GLW, SLT
2. Puts: ANF, BAC, GES, JWN, LM, LVS, PDCO, PTR

I am still looking to get into a few financial and retail puts.