Posts tagged “swn sep 40 calls

Got sold out of my SWN SEP 40 Calls +25% – is there a point to continue blogging?

Well I got sold out of my SWN 2008 SEP 40 Calls at my GTC order @ $8.10 bought @ $6.10
It was a good thing since we are likely not to have internet access on the boat due to AC down so we have to keep all the machines off. Boy is it hot at work…..right now inside the ship its like 85-90 degrees with major humidity. I try to go outside as often as I can to get fresh air. Hopefully this will only last a week at work. This reminds me of my camp counselor days working the summer in hot hot humid wooden cabins with bitching campers. I sure would not do that again and the pay absolutely sucked. Definitely an experience, but no need to do it again.

I’m starting to get sick of blogging. I still have not picked up a huge following like I thought I would have. I suppose my financial investing for most people reading is considered too risky or too not the typical american turtle style investing with small amounts slowly over time with the idea to retire at 50-60 something. My idea is to retire at 20-30 something. Why not? Should I even keep blogging? At first I was doing this to log important market events to help me remember what moves stocks, but I’m unable to keep up with it. It’s become more of a chore then fun.

I definitely can say the market recovered after slamming down in January 08′ and that Cisco positive earnings should likely keep the market moving up. At least this is my opinion.

Still in V May 85 Calls currently up around 17% even with the rest of the market falling. I’m sure all the stocks will rebound back up again making Visa actually move harder since it is resisting coming down right now.

My SWN order completed: 5/7/2008 12:50:04 PM (ET):
Symbol: .SWNIH
Description: SWN SEP 40 Call
Stock: SWN at 44.93
Action: Sold To Close
Quantity: 2 contract(s)
Price: $8.10
Commission: $14.95
Reg Fees: $0.01
Net Amt: $1,605.04

Paid $1200 + $400 profit.
ROI +25%


Bought SWN SEP 40 Calls – buying on the pull back.

As everyone knows oil is hitting 120’s and keeps moving higher. I really like SWN and its almost up 50% after its 2:1 stocksplit. Recently its gone up from earnings and this definitely looks like a reasonable pull back before it dips below the open from earnings. It is clearly a bullish signal after the stock has fallen two days so I bought one in the money call because that is all I could affoard.

4/29/2008 1:06:55 PM (ET):

Symbol: .SWNIH
Description: SWN SEP 40 Call
Stock: SWN at 41.71
Action: Bought To Open
Quantity: 1 contract(s)
Price: $6.10
Commission: $14.95
Reg Fees: $0.00
Net Amt: $624.95

Plan to sell at $8.10