Friday, October 21, 2005

Options Expiration is behind us, which could leave us with slightly less choppy markets for a few weeks at least. Happily, our short straddle position finished in the money - we sold 1000 spy at the market close @118.13. We should get 1000 shares put to us over the weekend at 119.00, closing out that position for:

$2800 (sale SPY JO and SPY VO)
- $870 (sale of SPY shares)
=$1930 net gain

Also, our TNR trades worked out with a gain today of $770. Lets hope that model is back in synch with the market again. TNR is showing neutral for monday.

Finally, our futures trend following model continues to chug along in the background. Copper staged a pretty dramatic comeback, after being down almost 7 cents in early trading, it finished the day with a gain. The dollar also demonstrated some resiliency, closing at 1.1951 after trading through 1.2075 in early morning trading, and gold staged a late day comeback as well, closing at 468.70.

Contract ctrcts Open P/L days on
Contract ctrcts Open P/L days on





@US.P 0 $0 0 @NG.P 0 $0 0
@TY.P 0 $0 0
@KC.P 0 $0 0
@FV.P 0 $0 0
@SB.P 3 $3,698 20
@EC.P 0 $0 0
@CT.P 0 $0 0
@JY.P -1 $3,575 19
@GC.P 3 $5,320 31
@CD.P 2 $1,580 49
@SI.P 0 $0 0
@C.P -4 $4,600 48
@HG.P 2 $18,100 99
@W.P 0 $0 0
@NG.P 0 $0 0
@S.P 0 $0 0
@ES 0 $0 0
@CL.P 0 $0 0
@YM 0 $0 0
@HO.P 0 $0 0
@NQ 0 $0 0












Total
$36,873



That's it for tonight, have a great weekend!

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