OptiontradeliveBought $SPY $116 May 10 P; pd avg. $3.81 3/16/10. Max Risk $3.81, Max Reward: Unlimited. Thesis: End of month SPY pullback/increased vol.
Mar. 18 at 8:14 AM
OptiontradeliveBought $BGP $2.50 May 2010; pd $0.20 2/3/10. Max Risk $0.20, Max reward: Unlimited. Thesis: No bankrupcy or possible industy consolidation.
Mar. 14 at 8:41 AM
Optiontradelive$PNY Long Call $25 Mar 2010 (PNYCE); pd $1.25 12/14/09. Max Risk $1.25, Max reward: Unlimited. Thesis: Gas Utilities underperf. broader mkt
Dec. 23 at 1:56 PM
Optiontradelive$CNP Long Call $10 May 2010 (CNPEB) add to pos. pd $4.90. It looks like L/T support at $14.59 level on 9/8/06. S/T continues to move higher.
Dec. 22 at 4:08 PM
Optiontradelive$CNP Long Call $10 May 2010 (CNPEB) paid $3.30 11/25/2009. Max risk:$3.30; Max reward: Unlimited; Thesis: Nat. Gas/Elec. Utility Play
Dec. 11 at 1:08 PM
Optiontradelive$CAL Long Call $8 Mar 2010 (CALCS). Closed position into strength and sector upgrade. Will be watching to re-enter upon pull back.
Dec. 2 at 1:04 PM
OptiontradeliveCovering half of my $SPY puts at open. Plan to see how current Dubai crisis plays out before I sell rest of portfolio protection.
Nov. 27 at 6:51 AM
OptiontradeliveAdding to portfolio protection utilizing $SPY Puts. I find the 3-month T-bill sudden two day yield drop to 0.01% very worrisome.
Nov. 19 at 2:20 PM
Optiontradelive$CAL Long Call $8 Mar 2010 (CALCS) paid $4.15 11/2/2009. Max risk:$4.15; Max reward: Unlimited; Thesis: unloved industry, recently oversold.
Nov. 19 at 2:04 PM
OptiontradeliveSold $BRCD long calls 7/29/2009 for $1.45, avg cost $0.84. 73% gain before commissions. Earnings in 2 weeks plan to buy $8 August straddle
Jul. 31 at 9:26 AM