01/29/2010 – ThetatOptions Margin Portfolio – Position Closed – Profit $130

This morning our order to buy back the (2) FEB short callers filled.

Filled Order:

BOT +2 RSH 100 FEB 10 22.5 CALL @.05 debit

Position: None

Profit Calc:

1/6/10 – Sold (2) Short Calls – 1.40 credit

1/29/10 – Closed (2) Short Calls – 0.10 debit

Profit: $140-$10 = $130

Risk/Reward: $130/$800, so we made 16% within (3) weeks, that’s not too bad.

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01/06/2010 – ThetatOptions Margin Portfolio – Position Initiated

We’re going to start a small short position on Radio Shack this morning by selling some FEB calls naked in the margin account.

Risk/Reward: $150/$800 (Current Margin) = 18% return in 6 weeks

Order:

Sell To Open: (2) RSH FEB 22.5 Call – 0.75 credit

Position:

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