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Summerof69 stockoptions.skynetblogs.be/

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Community Rank: Analyst (237 pts) | Member since 08/29/2007

Picks Performance:

Outperforms

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All-time Return -37.50% (in 1 year)	Risk (SD) Aggressive 4.01%	Sharpe Ratio -10.35
Followers 9	Winning Picks 2 of 16	Total Views 5128

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Summerof69's Blog Posts

Visit Blog: OPTION PORTFOLIO

USD ENER Some bottom fishing... 10/23/07 — Last Friday our short October USD 25.00 puts on ENERGY CONVERSION DEVICES (ENER / USD 25.59 / YTD – 8,4 %) expired worthless. We earned the full premium and made USD 330 on the trade. Calculated on the 100% margin we deposited, we made 6% in 6 weeks time, or almost 50% an annualized...

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Good and bad. 09/20/07 — Our order to sell 5 calls PACIFIC ETHANOL (PEIX - USD 11.17) March 2008 USD 12.50 at a price of USD 1.00 was filled yesterday. We were not too bullish on the stock and wanted to earn some money on our long position (we had to buy the stock back in June at USD 15 as we got assigned on the short June 2...

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End of the hype? 09/16/07 — So far this year, our alternative energy stockpick PACIFIC ETHANOL (PEIX - USD 10.77) has not been our best investment. The company produces and markets renewable fuels in the western United States. It produces and sells ethanol, and provides transportation, storage, and delivery services. Since May ...

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Orders filled. 09/13/07 — Both our open orders are filled:<o:p></o:p> We sold 10 puts PANACOS PHARMA (PANC – USD 2.81) January 2008 with strike USD 2.50 at a price of USD 0.35. For the obligation to buy PANC at USD 2.50 if the stock would trade below 2.50 towards the maturity of the option in January, we rec...

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PANC:a HIV play? 09/07/07 — Today we would like to present a young and small biotech firm. PANACOS PHARMA (PANC - USD 2.89) engages in the discovery and development of small-molecule oral drugs designed to treat Human Immunodeficiency Virus (HIV) and other human viral diseases. Its lead product candidate, ‘bevirimat&lsquo...

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ENER order filled. 09/03/07 — Our order to sell 2 puts Energy Conversion Devices (ENER - USD 25.95) october 2007 USD 25 at a price of USD 1.65 was filled last week. By selling these puts we are entering the obligation to buy 200 ENER shares at a price of USD 25 if they trade below that level by mid October. Our savings account is...

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Lets try ENER again! 08/30/07 — Energy Conversion Devices (ENER - USD 26.00) is an alternative energy technology company on our watch list. The company makes solar cells and fuel cell batteries. European readers may remember that we sold some June USD 30 puts at USD 3.60 back in February and closed them at USD 0.35 in April. The co...

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Back in DENDREON. 08/28/07 — Our order to sell 20 January 2009 USD 2.50 puts DENDREON (DNDN - USD 8.07) at a price of USD 0.90 was filled last week. Till the strike of USD 2.50 Dendreon can drop by 69% from the actual levels. Even if the stock would fall by 69% by January 2009, we will still make USD 1.800 (the premium we receiv...

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80 % airbag? 08/23/07 — You know from our previous posting that we have sold our position in DENDREON (DNDN - USD 7.70). We nevertheless want to keep an exposure in the stock. Dendreon has become a relative stable stock these days. That was different in the first half of the year with some erratic price action. A chart can ...

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Outperformance persists. 08/22/07 — The order to sell 1.000 DENDREON (DNDN - USD 7.55) at our limit price of USD 7.55 was filled. Taking into account the received premiums on the options we realize a profit of USD 2.050,- or almost 30% in 3 months. We have been managing the portfolio now for 8 months. The results are satisfactory. We a...

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Dendreon position closed with a profit of 36%. 08/21/07 — The order to sell 20 puts September 2007 with a strike of USD 2.50 on goldmine CRYSTALLEX (KRY - USD 2.95) was filled at our price of USD 0.30. By selling those puts, we entered the obligation to buy 2.000 stocks at USD 2,50 if case KRY would trade below that price towards mid September. Our savings ...

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Gold & FX 08/16/07 — Goldstocks were amongst the biggest losers over the last sessions. Yesterday, we already sold puts on Golden Star Resources (GSS – USD 3.16 – TTD: + 7 %)). Another gold mine, CRYSTALLEX (KRY – USD 2.75 – YTD: - 24%) was beaten down. Since April the stock has ...

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Still profit even after 40% drop in price?? 08/15/07 — Our order to sell puts on GOLDEN STAR RESOURCES (GSS - USD 3.31 - YTD 12 %), a Canadian junior miner, has been filled today. We sold 30 put contracts January 2009 with a strike of USD 2.50 at a premium of USD 0.50. In return for the obligation to buy 3.000 stocks at a price of USD 2.50, if the they w...

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Welcome 08/12/07 — A hearty welcome to this new financial blog. We have been running this site in Europe for 8 months now and enjoyed much market appreciation. Due to its popularity in Europe (where it is written in Dutch) we have decided to create this version in English as well. Both sites will enter the same trades ...

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More about Summerof69

Investment Style:
Conservative [?]

Avg exp holding time:
392.41 days

Age:
40's

Website:
stockoptions.skynetblogs.be/

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