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My 1 st Experience in optionsxpress.com an PA-2 for MBA1-11 by Erwin

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Page 1: Optionxpress PA1 Finance Big Pic

My 1st Experience in

optionsxpress.com

an PA-2 for MBA1-11by Erwin

Page 2: Optionxpress PA1 Finance Big Pic

PA-2 Assignment

On Aug.18.08:Buy SBUXBuy PUT SBUX with a strike price of your own choice.

On Aug.20.08 close your trade:Sell SBUXSell your PUT

Page 3: Optionxpress PA1 Finance Big Pic

August 18th, 2008I buy 100 SBUX Stock, and 50 .SBUX Options.

Let’s see what am I doing there…

Page 4: Optionxpress PA1 Finance Big Pic

20080818SBUX Stock Order Placement

Page 5: Optionxpress PA1 Finance Big Pic

20080818SBUX Stock Order Preview

Page 6: Optionxpress PA1 Finance Big Pic

20080818SBUX Stock Trade Confirmation

Page 7: Optionxpress PA1 Finance Big Pic

20080818SBUX Stock Trade Order Status

Page 8: Optionxpress PA1 Finance Big Pic

My Account Overview, after buying SBUX Stocks

Page 9: Optionxpress PA1 Finance Big Pic

20080818SBUX Option Order Placement

Page 10: Optionxpress PA1 Finance Big Pic

SBUX Option Order Placement, choose the Exp. Date & Strike Price

Page 11: Optionxpress PA1 Finance Big Pic

20080818SBUX Options Order Placement

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20080818SBUX Options Order Preview

Page 13: Optionxpress PA1 Finance Big Pic

20080818SBUX Options Trade Confirmation

Page 14: Optionxpress PA1 Finance Big Pic

20080818SBUX Options Trade Order Status

Page 15: Optionxpress PA1 Finance Big Pic

August 20th, 2008I sell all of my SBUX Stock, also my .SBUX Options.

Let’s see what am I doing there…How about my profit / loss ?

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20080821My Account Overview Today

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20080821My Account Positions

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20080821My Balance Today

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20080821SBUX Stocks Order Placement

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20080821SBUX Stocks Trade Confirmation

Page 21: Optionxpress PA1 Finance Big Pic

20080821.SBUX Option Trade Order Placement

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20080821.SBUX Option Trade Order Preview

Page 23: Optionxpress PA1 Finance Big Pic

20080821.SBUX Option Trade Confirmation

Page 24: Optionxpress PA1 Finance Big Pic

20080821My Order Status

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20080820My Account Overview

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20080820My Account Positions

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August 21th, 2008Overnight after I sold all of my stocks & options.

What’s happened ?What about my account ?

Page 28: Optionxpress PA1 Finance Big Pic

20080821My Account Overview

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20080821My Trade Balance

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20080821My Trade Account Analysis

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What do I get from this?

At first, my capital is $5000 After 4 days, I got $6297.06 in my account Eventhough the SBUX price is falling, I still

got profits… that’s because I buy OPTIONS I got $102.91 loss in stock market by selling

the SBUX lower than the price paid to buy 4 days before

But I got $1399.97 profit from OPTIONS, that making my overall profit $1297.06