Seeking Alpha $100,000 Portfolio Trade Log

*UPDATED* 3/7/12 **Scroll to Bottom of Post**

As promised, I will keep a running log of trades made in the ultra-aggressive $100,000 portfolio here on Robert Weinstein's Paid2Trade. Soon, I will put up a log of all of the trades made in last year's $10,000 portfolio.

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As of Monday, February 6, 2012

Closing the Lululemon (LULU) position. Purchased 100 shares at $55.25. Selling them at $64.58 for a gain of $933. Value (in cash): $6,458.

I'm keeping the remaining three positions open:

• AAPL Jan '14 $600 call. Purchased one contract for $32.80. Holding at $28.10 for an on-paper loss of ($470). Position value: $2,810.

• Netflix (NFLX) Jan '13 $130 puts. Purchased five contracts for $35.50 each. Holding at $32.85 for an on-paper loss of ($1,325). Position value: $16,425.

• Pandora (P) Mar $11 puts. Sold 20 contracts for $0.50 each. Holding at $0.35 for an on-paper profit of $300. Credit banked: $1,000.

• Buying 2 NFLX March $120 calls for $13.45 each. That's good for a debit of $2,690, bringing the cash balance to $78,213.

• Entering 10 NFLX bull put spreads. Selling 10 NFLX March $97.50 puts for $1.43 apiece and buying 10 NFLX March $77.50 puts for $0.27 for a net credit of $116 per spread and $1,160 total, bringing the cash balance to $79,373.

• Buying 1,000 shares of the Direxion Daily Total Market Bear 1X Shares ETF (TOTS) at $34.06. This trade costs $34,060 and brings the portfolio's cash balance to $45,313.

• Buying 1,000 shares of the Direxion Daily Retail Bear 3X Shares ETF (RETS) at $16.16. That equals a debit of $16,160, bringing the cash balance to $29,513

• Sell 5 Ralph Lauren ( RL) February 2012 $175 calls for $0.80 and buy 5 RL February 2012 $180 calls for $0.20. That generates a credit of $60 per spread for a total credit banked of $300. I need to cover that with $2,500 worth of equity (I am using cash).

That brings the $100,000 portfolio's cash balance to $35,885 and the total value of the holdings to $107,757.50.

February 16, 2012

March 7, 2012

I just wanted to update where the $100,000 portfolio stands as of Wednesday's close. March options expire on the 17th. From there, I will be able to make some big moves. And depending on how AAPL acts over the next week, I might have to. Looks like I will be on the hook for $10,000 thanks to my seemingly busted AAPL bear call spread. 

Open Trades

• AAPL January 2014 $600 call. On-paper profit: $3,934. Position value: $7,214
• NFLX January 2013 $130 puts. On-paper profit: $2,050. Position value: $19,800.
• 250 shares of AMZN at $184.52. On-paper loss: $205.50. Position value: $45,924.50
• 150 shares of AMZN at $177. On-paper profit: $1,015.50. Position value: 27,565.50

Add it all together and you have a total portfolio value of $110,749. That includes a cash balance of $10,245 .

I have several option credit trades open in addition to the AAPL bear call spread. They include AMZN covered calls, a NFLX bull put spread at under $100 and some short P March $11 puts, which could get exercised come expiration. We'll see if I am the proud owner of a whole bunch of Pandora at $11 come expiration.

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