January Bear Call Spreads

Since things have been bearish, my bear call spreads were good. These were great returns, but not like my Bull Put Spreads. Unless the market moves hugely tomorrow, I'm going to assume that all these are closed. All my short sides are closed, so if any of the long sides turn positive, I'll close those otherwise let them expire worthless.

I did 17 Bear Call Spreads (BCSs) for January:

Net Profit = $9145.20
Margin Required = $33,311.00
Net ROI = 27%

2 out of the 17 trades went against me, costing me money. 14 out of the 17 trades were profitable.

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AAPL
Entry Date: 12/27/07
Position: Jan 710/720C
Contracts: 3
Credit: $2.45
Margin Requirement: $2265

Close Short Side Date: 1/15/08
BTC: $0.05
Close Long Side Date:
BTC: $

Profit/Cost: $702.30
Net ROI: 31%

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GOOG
Entry Date: 12/31/07
Position: Jan 720/730C
Contracts: 5
Credit: $2.45
Margin Requirement: $3775

Close Short Side Date: 1/15/08
BTC: $0.05
Close Long Side Date:
BTC: $

Profit/Cost: $1170.50
Net ROI: 31%

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AMZN
Entry Date: 12/31/07
Position: Jan 795/100C
Contracts: 5
Credit: $1.60
Margin Requirement: $1700

Close Short Side Date: 1/15/08
BTC: $0.02
Close Long Side Date:
BTC: $

Profit/Cost: $760.50
Net ROI: 44.7%

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BG
Entry Date: 12/31/07
Position: Jan 120/125C
Contracts: 3
Credit: $1.52
Margin Requirement: $1044

Close Short Side Date: 1/2/08
BTC: $4.50
Close Long Side Date: 1/4/08
BTC: $2.52

Profit/Cost: <$173.40>
Net ROI: <16.6%>

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PCU
Entry Date: 12/31/07
Position: Jan 110/115C
Contracts: 5
Credit: $1.10
Margin Requirement: $1950

Close Short Side Date: 1/3/08
BTC: $4.25
Close Long Side Date: 1/4/08
BTC: 0.70

Profit/Cost: <$1284>
Net ROI: <65.8%>

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X
Entry Date: 12/27/07
Position: Jan 125/130C
Contracts: 3
Credit: $1.22
Margin Requirement: $1134

Close Short Side Date: 1/15/08
BTC: $0.05
Close Long Side Date:
BTC: $

Profit/Cost: $333.30
Net ROI: 29.4%

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AAPL
Entry Date: 1/2/08
Position: Jan 200/210C
Contracts: 5
Credit: $3.14
Margin Requirement: $3430

Close Short Side Date: 1/15/08
BTC: $0.05
Close Long Side Date:
BTC: $

Profit/Cost: $1515.50
Net ROI: 44.2%

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RIMM
Entry Date: 1/4/08
Position: Jan 110/115C
Contracts: 2
Credit: $1.54
Margin Requirement: $692

Close Short Side Date: 1/15/08
BTC: $0.05
Close Long Side Date:
BTC: $

Profit/Cost: $286.20
Net ROI: 41.4%

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FWLT
Entry Date: 1/4/08
Position: Jan 170/175C
Contracts: 3
Credit: $1.20
Margin Requirement: $1140

Close Short Side Date: 1/15/08
BTC: $0.05
Close Long Side Date:
BTC: $

Profit/Cost: $327.30
Net ROI: 28.7%

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ISRG
Entry Date: 1/4/08
Position: Jan 320/330C
Contracts: 5
Credit: $3.00
Margin Requirement: $3500

Close Short Side Date: 1/15/08
BTC: $0.03
Close Long Side Date:
BTC: $

Profit/Cost: $1455.50
Net ROI: 41.6%

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VMW
Entry Date: 1/4/08
Position: Jan 85/90C
Contracts: 2
Credit: $1.27
Margin Requirement: $746

Close Short Side Date: 1/15/08
BTC: $1.43
Close Long Side Date:
BTC: $

Profit/Cost: <$49.70>
Net ROI: <6.7%>

---------------------------------------------

BIDU
Entry Date: 1/4/08
Position: Jan 400/410C
Contracts: 2
Credit: $1.75
Margin Requirement: $1650

Close Short Side Date: 1/15/08
BTC: $0.05
Close Long Side Date:
BTC: $

Profit/Cost: $328.20
Net ROI: 19.9%

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SHLD
Entry Date: 1/4/08
Position: Jan 105/110C
Contracts: 5
Credit: $1.37
Margin Requirement: $1815

Close Short Side Date: 1/15/08
BTC: $0.05
Close Long Side Date:
BTC: $

Profit/Cost: $630.50
Net ROI: 34.7%

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SPWR
Entry Date: 1/4/08
Position: Jan 140/145C
Contracts: 5
Credit: $1.02
Margin Requirement: $1990

Close Short Side Date: 1/15/08
BTC: $0.03
Close Long Side Date:
BTC: $

Profit/Cost: $465.50
Net ROI: 23.4%

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POT
Entry Date: 12/27/07
Position: Jan 150/155C
Contracts: 5
Credit: $1.42
Margin Requirement: $1790

Close Short Side Date: 1/16/08
BTC: $0.25
Close Long Side Date:
BTC: $

Profit/Cost: $540.75
Net ROI: 30.2%

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PCU
Entry Date: 1/4/08
Position: Jan 105/110C
Contracts: 5
Credit: $1.57
Margin Requirement: $1715

Close Short Side Date: 1/16/08
BTC: $0.05
Close Long Side Date:
BTC: $

Profit/Cost: $730.50
Net ROI: 42.6%

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GOOG
Entry Date: 1/4/08
Position: Jan 670/680C
Contracts: 5
Credit: $4.05
Margin Requirement: $2975

Close Short Side Date: 1/15/08
BTC: $1.15
Close Long Side Date:
BTC: $

Profit/Cost: $1405.75
Net ROI: 47.3%

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