Wednesday, December 23, 2009

Update

Haven't done much trading lately, just holding some ultra-bearish ETF LEAPS. I will get back in after the end of the month.

Friday, November 27, 2009

Today's Trades

AZO
Dec 140/160 short strangle for $2.50 credit. Taking advantage of the spike in the VIX to get a juicy premium.

Thursday, November 12, 2009

New Trades

So I haven't posted any trades for some time. I haven't entered any new positions other than some long inverse ETFs options.

Currently long in:

FAZ call
SRS call spread
SDS call spread
RWM call
DXD call spread
GLD put spread
VIX call spread

Sunday, November 1, 2009

Today's Trades(10/30)

MAR
Bought to close the JAN 20/32.5 strangle for 65 cents, a 53% gain. Held it for 24 days.

Wednesday, October 28, 2009

Today's Trades

FSLR
Sold a DEC 105/195 strangle for $3.50 credit. Stock gapped down about 20 points AH after lower than expected revenue but it's still well above the 105 strike.

Tuesday, October 27, 2009

Today's Trades

Satisfying the bear within;

FAZ
Long Jan 20C, $3.30 debit

SRS
APR 20/26 bull call spread, .55 debit.

Tuesday, October 20, 2009

Today's Trades

AZO
It dropped a bit this morning so I bought to close the 160 call for 15 cents, a 77 cent gain on that side.