Posts under ‘Positions’

I’ve been holding a few April call contracts in Microsoft (symbol: MSFT)since late 2006 and was happy to have ridden a portion of the wave up from the high twenties to nearly $31/share leading up to the consumer launch of Vista.
Unfortunately, my profits have all but evaporated over the last couple weeks after a less [...]

I’ve been investing in the stock market for many years but, for a variety of reasons, I never traded any stock options. I had always had a high level of interest in options as they have limited risk with an extremely high amount of leverage, but I hadn’t gotten around to actually pulling the [...]

Updated listing of my current holdings.

I bought TASR calls for $2.65/contract on 7/26. The price of the stock was approximately $7.30 which puts intrinsic value of the option at $2.30 and about a .35 time premium for 5 months. The premium seemed low and TASR is a volatile and fundamentally attractive stock.
If you haven’t heard of Taser, I’ll give you [...]

I bought Omniture on 6/28 for $6.18/share, shortly after their IPO. I’ve used this company’s products and have seen the amazing impact it can have on how a web business can operate. I know there are a lot of sites out there that still are not taking advantage of web analytics and I really believe [...]

I bought Willamette Valley Vineyards (WVVI) on 9/18 at $6.10/share. I spent some time researching this company and, financially, it looked strong. I admit I know little about the wine industry, but it seems like a great company. They are small, approximately 100 employees.
They seem quite progressive in their environmental efforts, an interesting article was [...]

I bought Microsoft April 27.50 calls for 1.75/contract on 10/2. The stock was trading at $27.35 a share. Intrinsic value was zero, time premium was 1.75 for 6 months. Microsoft has traded in a range for years without any really significant catalysts. Their earnings continue to be strong, their position in the industry is still [...]

I sold WSSI on 9/31 for 11.98/share. I didn’t hold the stock for long. I did make a slight profit on it, but I had decided I didn’t know enough about the company and had plenty of exposure to the web analytics field with my holdings in Omniture (OMTR). I bought the stock without doing [...]

I sold my Intel Jan 2007 calls today for 4.40/contract. The option was deep in the money and had appreciated considerably since I purchased it. I was looking to get back some of the capital that was tied up in the contracts but wanted to maintain a long position so I sold the [...]

I bought Intel November 2006 20 calls for 1.95/contract. The thought behind this trade was to increase leverage buy buying additional contracts with the profits gained from the Jan07 17.50 calls which were deep in the money and tying up a large amount of cash.
Instrinsic value on the option was $1.70 so I paid $0.25 [...]