Trading - 12/01/2010

Market Price of LVS = $18.34

LVS Jan $17.50 Put @0.47, Nett Premium = $2,121.03 (Rolled 60lot, 06Jan10-12Jan10)
LVS Jan $17.50 Put @0.63, Nett Premium = $204.16 (Rolled 6lot, 05Jan10-12Jan10)
LVS Feb $17 Put @0.69, Nett Premium = $4,470.65 (Open 66lot, 12Jan10- )

LVS Jan $16 Put @0.06, Nett Premium = $133.78 (Rolled 100lot, 07Jan10-12Jan10)
LVS Feb $15 Put @0.20, Nett Premium = $2,762.82 (Open 100lot, 12Jan10- )

12/01/2010 - LVS

Charts showing strong support at $15 , tested support sometime back & started the uptrend to the current price above $18.

With premiums added onto the Cash Capital in my trading acct, allows me to take on more leveraged positions. Not putting myself into a short term risk of being involved with the short-term price sway ard $18 area, i'll put my 'risk' positions at the support or below, capitalising & taking advantage on the Out-Of-the-Money(OTM) volatility+time value currently.

Will monitor as time passes towards Feb Expiry to decide on adding more "risk" positions or should i say 'Advantage" positions. Considering Feb $13 as addon.

Trading - 07/01/2010

Market Price of LVS = $18.50

LVS Jan $17.50 Put @0.47, Nett Premium = $2744.26 (Open 60lot, 06Jan10- )

LVS Jan $17.50 Put @0.63, Nett Premium = $258.16 (Open 6lot, 05Jan10- )

LVS Jan $16 Put @0.06, Nett Premium = $473.88 (Open 100lot, 07Jan10- )