Sold GTI $12.5 strike June puts @ $0.35.
Sold GSK $35 strike May puts @ $1.50. Was assigned shares.
Sold INTC $20 strike July puts @ $1.04
Bought NE $30 strike Jan 2012 calls @ $7.60
Hedged: Bought SDS @ $35.44; sold same day for $34.79
Bought PCL for $33.38. Sold for $35.12 a few days later.
Sold-to-close MELA calls for $2.75, on a 30% stock price pop. I may repurchase longer-dated calls later, cheaper.
Bought BP $44 strike June calls for $2.74.
Sold KCI @ $41.27. I may buy LEAPS on the stock later.
Bought RIG $50 strike Jan 2012 calls @ $15.20
Saturday, May 29, 2010
Tuesday, May 11, 2010
Sold GTI, Sold GSK
I sold GTI for $16.59 and GSK for $35.42. I'd buy GTI back at a lower price. I sold GSK because I just bought 2012 calls on the stock, which gives me as much exposure to it as I want right now.
Closed MAXY calls
I sold-to-close my May calls on MAXY for $1.40 per share. The Codexis IPO didn't boost the price of the stock as I'd hoped.
Friday, May 7, 2010
MDT, LNN, PG, AAPL, GOOG, GSK, SPY
My goodness, what a week!
On the 28th I closed my outstanding puts on MDT and LNN, for $2.40 and $1.75, respectively.
On the 4th, I bought PG outright for $62 per share. I also bought 2012 calls on AAPL ($54.50 per share, strike @ $260) and GOOG ($91 per share, strike @ $510).
On the 5th, I bought GSK 2012 $40 strike calls for $2.80.
On the 7th, I bought AAPL 2012 $230 strike calls for $58.00. I also sold my GOOG stock (not the calls) because I believe my GOOG calls give me enough exposure to that stock.
Finally, I bought May 22 2010 $105 strike puts on SPY for $1.65. With just two weeks until expiration, that's a pure spec position. After the bizarro world action of the past week, I want a hedge.
On the 28th I closed my outstanding puts on MDT and LNN, for $2.40 and $1.75, respectively.
On the 4th, I bought PG outright for $62 per share. I also bought 2012 calls on AAPL ($54.50 per share, strike @ $260) and GOOG ($91 per share, strike @ $510).
On the 5th, I bought GSK 2012 $40 strike calls for $2.80.
On the 7th, I bought AAPL 2012 $230 strike calls for $58.00. I also sold my GOOG stock (not the calls) because I believe my GOOG calls give me enough exposure to that stock.
Finally, I bought May 22 2010 $105 strike puts on SPY for $1.65. With just two weeks until expiration, that's a pure spec position. After the bizarro world action of the past week, I want a hedge.
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