UAUA – FEB10 Short – Profit $350
February 9th, 2010, 9:57 am EST. Posted under Margin Portfolio (MP) by ThetaTrader.
Post Tags: , CLOSED, UAUA
15.40 (-0.28)
02/17/2010 – ThetaOptions Margin Portfolio – Closing short shares
Wow, it’s been a bumping ride flying United Airlines this past week. This morning we finally closed down most of open positions for a nice little profit. In addition we initiated June Short Play on them.
Filled Orders:
BOT +5 UAUA 100 FEB 10 16 CALL @.15 debit (9:58)
BOT +5 COVERED UAUA 100 FEB 10 16 PUT/UAUA @16.10 (11:56)
Position: Besides the JUNE position, we only have (5) FEB 16′s left open.
Cost Basis:
We made $200 off the Covered Short Stock in 7 days. And our orginal (5) naked 15 callers are looking profitable as well.


February 11th, 2010 at 8:33 am
Good One… I actually went short 650 Shares at 15.63. This site is phenomenal.
February 18th, 2010 at 5:05 pm
02/18/2010 – Closed Trade – Profit $350