TRADES AS OF MAY 9TH

5/8/2006 - I finally bought my 10 shares of aapl stock back. The stock had gone up like 9 dollars so I took a loss of (94.83)

5/8/2006 - I also purchased 4 contracts of AEM August 35 Call Options for 5.50 each.
5/9/2006 - I sold the 4 contracts of AEM August 35 Call Options back for 6.50 pocketing a smooth
+370.02

5/9/2006 I purchased 10 HELX May 45 Call Options for .90 each. Time value seems to be slipping away on this one. I currently have a sell order in for 1.50, but I'm kind of losing my nerve. I think I might revise the sell order to just get out if I can sell the 10 contracts for 1.10, or even 1.00.

5/8/2006 - I purchased 3 IWO 87 August Call Options for $1.05. Currently these contracts are valued at .90 cents. IWO is the index tracking stock that tracks the Russel 3000 index. This is sort of a long shot, as the stock is currently trading at $81.00. I currently have a sell order in for $1.50. The stock has a strong upward trend, and should go up in the next couple of months. But to get as high as 1.50, it will have to go up like $5. Why do I get sucked into out of the money options so easily? I don't know. I think I'll revise the sell order down and be happy with selling it for 1.20, then deploy the $350 in this trade elsewhere.

Currently my account is valued at $6005.45. That's up 20% from the beginning of April. Of course those are not all realized gains. But it's not bad. Who can complain about 20%?