Wednesday, February 29, 2012

XOM update


1/9/12: Sold Feb $87.50 calls for $1.00 on Full Position...expired worthless
Still remain long original 1/2 position from 10/10/11 @ $75.95
...expect XOM to eventually break-out so not doing much here

CELG update


1/17/12: Sold April $82.50 calls for $0.95...still open
Remain long full position...

IWM update


Long IWM full position from 12/14 @ $70.76
2/7/12 sold Feb $83 calls on for $0.95 (full position)...expired worthless
2/21/2012 sold Mar $83 calls for $1.46 (full position)...open

By selling those options downside is now protected to $80.50 or so...

DIS updated


1/9/2012: Sold Feb $41 calls on 1/2 position for $0.93...called away
Remain long 1/2 position from purchase 11/9/11 @ $34.34