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TRADE #36 - Buy ZMFME (MSFT Jan 05 $25 Put) 1,000s @ $1.35 in Datek

Contributed by mm | January 21, 2004 03:17 PM PST

I just completed my first transaction in the year of 2004. I bought 10 contracts of MSFT January 2005 $25 Put option at $1.35/share plus commission of $25.99. These options are set to expire on January 21, 2005.

To be sure, this is more a defensive play rather than an offensive play. The sharp drop immediate followed last MSFT quarterly earning release is a painful experience to me. Now that MSFT is again standing above the $28 mark, I feel it's better to take insurance against a potentially bad quarter -- I do have lots of vested (call) options due to my employment.

Also, I see this as an experimental exploration of the stock option world. I am a strong believer that one can learn much quicker once the money is at stake. With this $1,400 investment I am willing to figure out how I can best use options in my future investment career.

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TRADE #37 - Buy TALK 290s @ $10.36 in Roth IRA (February 03, 2004)
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TRADE #35 - Sell CI 100s @ $56.291 in Datek (October 31, 2003)
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Read More ... 44 Posts In The Same Category

01/28/05 | TRADE #44 - Sell TALK 290s @ $6.29 in Roth IRA

05/25/04 | TRADE #43 - Buy WDMH (QQQ Jan 06 $34 Put) 1000s @ $3.50 in Roth IRA

05/24/04 | TRADE #42 - Buy MO 50s @ $45.04 in Roth IRA

04/15/04 | TRADE #41 - Buy WDMG (QQQ Jan 06 $33 Put) 200s @ $3.00 in Roth IRA

04/06/04 | TRADE #40 - Sell OCA 500s @ $8.65 in Roth IRA

03/23/04 | TRADE #39 - Sell RJR 100s @ $58.02 in AmeriTrade

03/09/04 | TRADE #38 - Buy YWZMD (QQQ Jan 06 $37 Put) 600s @ $5.20 in Datek

02/03/04 | TRADE #37 - Buy TALK 290s @ $10.36 in Roth IRA

10/31/03 | TRADE #35 - Sell CI 100s @ $56.291 in Datek

10/09/03 | TRADE #34 - Short Cover AMZN 200s @ $58.089 in Datek

09/22/03 | TRADE #33 - Buy FDP 148s @ $25.94 in Roth IRA

06/13/03 | TRADE #32 - Sell FTHRX 241s @ $11.03 in Roth IRA

05/22/03 | TRADE #31 - Sell S 300s @ $27.91 in Datek

05/19/03 | TRADE #30 - Short AMZN 200s @ $32.87 in Datek

05/08/03 | TRADE #29 - Buy OCA 500s @ $6.68 in Roth IRA | (2)

05/08/03 | TRADE #28 - Sell NTBK 200s @ $11.68 in Datek | (1)

05/06/03 | TRADE #27 - Sell FBR 365s @ $12.20 in Roth IRA

04/22/03 | TRADE #26 - Sell RJR 120s @ $34.06 in Datek

04/16/03 | TRADE #25 - Buy OCA 1,000s @ $4.76 in Datek

03/18/03 | TRADE #24 - Buy RJR 100s @ $33.64 in AmeriTrade

01/14/03 | TRADE #23 - Buy FTHRX 235s @ $10.69 in Roth IRA

01/13/03 | TRADE #22 - Buy FB 100s @ $34.74 in Roth IRA

01/05/03 | TRADE #21 - Sell MTG 100s @ 43.10 in Datek (Backlog for December 4, 2002)

01/05/03 | TRADE #20 - Buy S 200s @ $20.01 in Datek (Backlog for November 13, 2002)

01/05/03 | TRADE #19 - Buy MTG 100s @ $39.50 in Datek (Backlog for November 13, 2002)

01/05/03 | TRADE #18 - Sell MSFT 30s @ $28.50 in Datek (Backlog for November 4, 2002)

01/05/03 | TRADE #17 - Buy CI 100s @ $35.50 in Datek (Backlog for October 25, 2002)

01/05/03 | TRADE #16 - Buy S 100s @ $25.85 in Datek (Backlog for October 23, 2002)

01/05/03 | TRADE #15 - Buy RJR 60s @ $41.80 in Datek (Backlog for September 27, 2002)

01/05/03 | TRADE #14 - Buy RJR 60s @ $47.80 in Datek (Backlog for September 23, 2002)

01/05/03 | TRADE #13 - Buy PPD 140s @ $18.25 in Datek (Backlog for August 2, 2002)

01/05/03 | TRADE #12 - Buy NTBK 200s @ $10.20 in Datek (Backlog for June 26, 2002)

01/04/03 | TRADE #11 - Buy PPD 140s @ $27.75 in Datek (Backlog for April 1, 2002)

01/04/03 | TRADE #10 - Cover Short QQQ 80s @ $37.82 in Datek (Backlog for November 6, 2001)

01/04/03 | TRADE #9 - Short QQQ 80s @ $34.84 in Datek (Backlog for October 23, 2001)

01/04/03 | TRADE #8 - Sell MSFT 35s @ $70.22 (Backlog for June 14, 2001)

01/04/03 | TRADE #7 - Sell EBAY 20s @ $61.75 in Datek (Backlog for June 12, 2001)

01/04/03 | TRADE #6 - Sell EBAY 50s @ $51.25 in Datek (Backlog for April 30, 2001)

01/04/03 | TRADE #5 - Buy EBAY 70s @ $34.50 in Datek (Backlog for March 13, 2001)

01/03/03 | TRADE #4 - Sell BYND 20s @ $8.44 in Datek (Backlog for February 15, 2001)

01/03/03 | TRADE #3 - Buy BYND 300s @ $2.22 in Datek (Backlog for May 10, 2001)

01/03/03 | TRADE #2 - Buy MSFT 20s @ $65.00 in Datek (Backlog for April 24,2000)

01/03/03 | TRADE #1 - Buy MSFT 25s @ $90.50 in Datek (Backlog for April 3,2000)

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