How long $3000 will last option trading

BOT +1 VERTICAL TSO 100 FEB 06 70/75 CALL @.20, TSO MARK 63.39

I sold this spread for $1.40 and bought back today for $0.20.

I made $120 on this one but I had my hedge long TSO 30 shares with paper lost $180. I am waiting for TSO to bounce back to sell call spread again in couple days.
 
Sell OIH Mar 130/125 put $1.05.
OIH was down about -7 points when I sold but now it is about -9 points.

This is my first leg and looking for selling call credit later.
 
Sold 1 contract GM Mar 22.5/25 call for $1.0. This is ATM sell and GM was around $22.75.

Reason:
Bearish on GM and I've been waiting for it to climb up for a while. This should hedge my portfolio with other put credit spread as well.
 
SOLD -1 IRON CONDOR SPY 100 MAR 06 128/129/122/121 CALL/PUT @.50, SPY MARK 126.00

SPY Summary

IB
+1 Feb 122 P
+1 Feb 123 P
+1 Feb 124 P
-1 Feb 127 P

TOS
+1 Feb 124 P
-2 Feb 125 P
-1 Feb 129 C

+1 Mar 120 P
-1 Mar 122 P
+1 Mar 124 P
-1 Mar 128 C
+2 Mar 130C

Total Greeks:
Delta -2.44, Gamma -6.63, Theta -2.81, Vega 28.07.

I have -theta and some long put because of the hedge I left to protect my SPX credit put spreads.
 
Trouble, trouble, trouble.

It looks like I'm in trouble with couple positions.

Here is my VLO

Feb put 55/57.5 Sold for $.35, now it is $1.25

Mistake: I broke the rule by selling VLO on 2/1/06 when there was only 16 days left before expiration. Also, I took premium less than my usual (at least 50 cents for $2.50 spread) because I speculated that the stock would go up.

Mar put 50/55 Sold for $1.05, now it is $1.67

Mistake: I sold 50/52.5 first, then sold 52.5/55 later. I should have roll up to 52.5/55 and lock in the profit. Instead, I speculated by waiting for stock to went up before closing 50/52.5. VLO came down instead.

AAPL

I sold 75/80 put spread.
I would like to have aapl stock for long term investment. So, when the stock was about $75, I sold the long $75 put for $110 profit and speculated that the stock would come back near $80. If that worked out, I could have the stock at discount. This seems to back fire since the stock went down to about $70. I am assigned the stock at the discount for about $7820 after premiums I collected. The paper lost is still $820.
 
BOT +1 AMD 100 FEB 06 35 PUT @.10, AMD MARK 39.79

SOLD -1 CALENDAR SPY 100 MAR 06/FEB 06 129 CALL @.65, SPY MARK 126.19

Roll diag to next month credit call spread 129/130 instead.

BOT +1 CALENDAR SPY 100 JUN 06/MAR 06 124 PUT @1.50 ISE, SPY MARK 126.15
Multimonth calendar.

Sold OIH 150/155 call $1.25. I'm shaken by the drop in oil and OIH so decide to neautral my delta here.

Now I have OIH IC 130/135 150/155 for $2.30 credit.
 
BOT +4 VERTICAL SPX 100 FEB 06 1205/1190 PUT @.10 CBOE, SPX MARK 1264.31

Closed the position.
I'll post the profit on this one later.

BOT +2 CALENDAR SPY 100 JUN 06/MAR 06 125 PUT @1.50 ISE, SPY MARK 126.50
 
OIH

Previous position Mar IC 130/135 150/155
Sell Fly 145/150/155 to roll down to
Mar 130/135 145/150. I got small profit from the roll down.

SOLD -1 VERTICAL HPQ 100 MAR 06 30/27.5 PUT @.40 ISE, HPQ MARK 31.78

Current Positions:

OIH Mar IC 130/135 145/150.
VLO Feb 55/57.5 put credit.
VLO Mar 50/55 put credit.
HPQ 2x Feb 30/27.5 put credit, 1x Mar 30/27.5 put credit.
CDIS Feb 35/40 put credit
AMD FEb 37.5/40 put credit
TYC Mar 25/27.5 call credit.
GM Mar 22.5/25 call credit.

SPY

AMD, VLO, CDIS are not in good shape.
 
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