By Rocco Pendola:Based on my experience with last year's $10,000 portfolio, I've found that, for record keeping purposes, it makes sense to lead off each installment with a position update. Speaking of that, by the end of the weekend, I hope to get the $10K portfolio's trade history up on Robert Weinstein's Paid2Trade. I'm already keeping a running log of the $100K trades over there.
Here's how things stand, as of Wednesday's open (prices change fast and there's a slight lag time to publication, so it's all approximate).
Open Positions
- Apple (AAPL) Jan '14 $600 call. Purchased one contract for $32.80. Holding at $32.70 for an on-paper loss of ($10). Position value: $3,270.
- Netflix (NFLX) Jan '13 $130 puts. Purchased five contracts for $35.50 each. Holding at $31.75 for an on-paper loss of ($1,875). Position value: $15,875.
- Pandora (P) Mar $11 puts. Sold 20 contracts for $0.50 each. Holding at $0.25 for
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