RAX-If you set your limits, you got out at 20.
FSRL-Taking a pause, like everything else, after continuing to rise, was a great covered call for April
IPI-Still on a run down, if you shorted it and closed on Friday congrats, if you shorted it outright hang on too it especially with the pressure on the market from GS SEC investigation.
C-Volatile! I picked up a quarter of my planned Jan 11 7.50 calls, in case earnings go well, especially after the shakeout Thurs/Fri... Good earnings results should not be priced in now. Looks like anything over 0 per share earnings is good. Look for forward guidance to bolster or stifle the equity. The Jun 4 were almost up 800% last week, the Jun 5's were up 420% at one point, still up amost 200%. Will be watching Monday at 8am...
XOM CALLS-still better than purchase price, will look to continue purchasing 75 and 80's as more data becomes available and gas prices continue to climb
UNG-Still looking at natural gas for a long-term hold. Will look at 12 LEAPS when I get a chance to figure out what the best underlying will be to trade.
CROX-Continues to perform outstandingly. We talked about this last year after reviewing the information on their European Factories and global expansion. Need to keep an eye on this for some Long-term out of the money calls. Or a protected PUT.
AAPL-Almost at $250. The JAn 200 calls are over up over a 100%.
ABK-I discussed shorting it after the earnings news, I speculated the sudden rise was short coverings since the earnings report was positive only because of Mark-to-Market rules and some tax benefits. Looks like that worked out well... I did not trade ABK. Would only have done so if I was able to day-trade it.
[Speculative Idea] RVBD-If you are looking to lock some money up for a liitle while, the 12 LEAPS are around 7 bucks, this could be an excellent covered position or depending on your outlook go naked on the calls or puts...
Still looking into CISCO 30 LEAPS. Will put more time into this after C earnings announcement...
Next sector will be BIOPHARMA... Obviously after ITMN, DNDN and HGSI we need to find the next one. Would be nice to find a VRMLQ (Q on a ticker identifies a company in bankruptcy) .05 in Sept now 25 bucks!
FL-I briefly mentioned FL in a previous post, they just hit a 52-week high and paid a dividend of .15 on Wednesday!
Happy Trading...
No comments:
Post a Comment