Tuesday, August 25, 2009

Today's Trades

SPLS
Didn't move enough, got out at a loss of 50 cents.

MYGN
Bought a SEP 25 straddle for $3.65, they report tonight and this one's been a mover post-earnings.
UPDATE: Sold the call Wed. morning for $3.90, holding the put and waiting for a refill.

DLTR
Bought a SEP 48 straddle for $3.70, another big mover post-earnings.
UPDATE: Sold the call Wed. morning for $2.70, I'm under water slightly on this one so I'll hold the put and hope it refills the gap as well.

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