Sunday, April 20, 2008

Weekly Positions Update - 04/20/08

And a very happy 420 day to all our friends out there who enjoy puffing the reefer from time to time. Any threat of "Peak Pot" on the horizon, or has it been spared from the biofuels fiasco?

Open Positions
Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss
04/15/08 Long 2 JUL 08 Corn 605 612 3/4 $775.00
04/17/08 Long 1 JUL 08 Cocoa 2735 2661 ($740.00)
04/15/08 Long 1 JUL 08 Cotton 78.77 74.90 ($1,935.00)
04/17/08 Long 1 JUL 08 Coffee 'C' 142.00 136.95 ($1,893.75)
04/15/08 Long 3 JUL 08 Rough Rice 21.745 24.070 $13,950.00
04/15/08 Long 1 JUL 08 Sugar #11 13.26 13.29 $33.60
Net Profit/Loss On Open Positions: $10,189.85


Account Balances
Current Cash Balance $103,507.58
Open Trade Equity $10,189.85
Total Equity $113,697.43
Long Option Value $0.00
Short Option Value $0.00
Net Liquidating Value $113,697.43


Cashed out: $10,000.00
Total value: $123,697.43

Weekly return: 12.4%
YTD return: 59.3%

***BTW, I usually "cash out" money just to pay taxes. So total value is all pre-tax. Going forward, I'll be cashing out to pay the rent also - no slack in the system for hookers and booze, that will have to wait for later in the commodity bull :)

2 comments:

Z said...

Nice website Brett.

Seems like Pakistan is gonna miss their cotton production target.

http://www.brecorder.com/index.php?id=727079&currPageNo=1&query=&search=&term=&supDate=

SugarHigh said...

Hey thanks Z - good article, let's make sure we come back to this one. I need to dig up the cotton world supply/demand #'s again.

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