The year-to-date portfolio tracking of “Hyland Financial Option Traders” has been pretty impressive if I don’t say so myself. Here’s the list, you decide.
UUP (U.S. Dollar Index) March 26 puts closed 1/8/09 …… +38%
QQQQ (Nasdaq 100) Jan 30 puts closed 1/12/09 …… +62%
XLF (Pro Shares Financial ETF) Jan 13 puts closed 1/12/09 …… +140%
SA (Seabridge Gold) May 15 calls bought 11/26/08, closed 3/10/09 …… +124%
BBY (Best Buy) March 25 puts, bought 12/23/08, closed 3/6/09 …… -45%
FXY (Japanese Yen) March 14 puts, bought 12/18/08, closed 3/17/09 …… +287%
VE (Veolia Environment) July 25 calls, bought 2/8/09, closed 5/11/09 …… +62%
QQQQ (Nasdaq 100) May 29 calls, bought 3/12/09, closed 5/7/09 …… +293%
MRO (Marathon Oil) July 30 calls, bought 3/13/09, closed 5/12/09 …… +172%
K (Kellog Co.) April 40 calls, bought 3/23/09, closed 4/15/09 …… -25%
Aray (Accuray) May 5 calls, bought 4/16/09, closed 5/11/09 …… -22%
Since January ‘09 our total of all closed positions showed a staggering cumulative gain of +1086%.
Out of 11 executed trades (no one can accuse us of over trading) we had 8 winning trades and 3 losers with the average percentage gain on winning trades +147% and the average losing trades -30%.
Considering after a +35% bounce in all the major indexes they’re about flat for the year, I have to say the results have exceeded even my own expectations. There are some major league trends developing and it looks like it’s going to be a great time to be an options trader. Let’s bank some cash.
Current Portfolio 5/26/09
DBA (ag commodity index) July 24 calls (+94%)
FXY (Yen) June 10 puts – stopped at resistance of 105
SPY (S&P index) Sept. 85 puts
QQQQ (Nasdaq 100) July 33 puts
UUP (U.S. Dollar index) June 26 puts
UNG (Natural Gas index) July 15 calls – look for a huge surge in June.
ACI (Arch Coal) May 15 calls – tough restrictions on “cap & trade” emissions. Should hit 20 with really strong headwinds.
XOM (ExxonMobile) July 75 calls – looks to be setting up for a great trade.
CDE (Couer D’Lene Mines) Jan. 2010, 2.50 calls – It’s still a hold. Very high expectations.
Ray
Add A Comment