Friday, May 9, 2008

NET LIQ VALUE: $29,496.18

SHLD options continue to fall in value. nice.

EXEC TIME SPREAD SIDE QTY SYMBOL SPC EXP STRIKE TYPE PRICE NET PRICE
5/9/2008 9:24:54 AMSINGLEBUY+5HD100Aug 0840PUT$12.00$12.00

Bought +5 Home Depot puts for $12. Risking up to $6,000 to bet that Home Depot will fall in value. I bought (in paper account) +5 Lowe's puts on 5/1 and it is currently up $1,000+. So let's see how this HD trade will work out.

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