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
Showing posts with label MELA. Show all posts
Showing posts with label MELA. Show all posts
Saturday, May 29, 2010
Friday, January 8, 2010
Bought MELA calls
Bought July 2010 $5 MELA calls for $6.00 per share. MELA is a micro-cap currently trading at $10.33. If I exercise the calls, MELA will be just 0.5% of my portfolio. This is a small position because of the risk involved; it will only gain value if MELA's flagship product gets FDA approval.
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