20.1 C
New York
Sunday, April 28, 2024

Long-Term Trade Watch

  • AIG (???) Jan ’09 70’s at 8.15 (up 2.85)
    • No action – expecting great earnings, hurricane predictions are a boost to them.

 

  •  AMZN (4/24) Oct $45s at $4.50 (even)
    • Sold May 2/3 May $45s for $2.25 (even)
      • Just did these yesterday – no change

 

  •  BA (4/25) Jan ’08 $90s at $10.30 (up $8.20)
    • Taking ½ off table by moving to Jan ’08 $100s at $5
    • selling May $95s for $1.55

 

  • BSX (4/23) Jan $17.50s at $1.45 (up .10)
    • Taking a chance on earnings (worried)

 

  • CAT (4/20) Jan ’09 $60s at $16 (up $6.20)
    • Taking a chance, they were higher than this after last earnings, no changes I see

 

  • CC (June) Jan $17.50s at $3 (up $1.80)
  • CC (June) Jan $22.50s at .95 (down .10)
    • Missed selling the May $20s for $1, in no mood to sell now, would rather shut trade down if it gets worse but will hold as long as it holds $18 and BBY stays up.

 

  • CEGE (???) Jan $5s at $1.60 (up $1.55)
    • This is the remainder of a call where profits were taken. Just here in case something happens, stop at $1.20.

 

  •  COF (4/19) Jan $75s at $9.80 (up $3.30)
    • Taking a chance, expectations are low.

 

  • CY (4/26) Jan ’09 $20s
  • CY (4/26) Jan ’09 $22.50s
    • Taking a chance as long as SPWR stays up.

 

  • DALRQ – this is just a craps roll

 

  • FD (May?) Jan $37.50s at $9.40 (up 2.20)
    • Stuck in these as I sold the Apr $42.50s so waiting to roll, probably to May $45s for $1.25 as I’m generally bullish

 

  • FHN Aug $40s – gone today at $1.60 (up .80)

 

  • FXI (n/a) 20 Jan $100s at $18.30 (up $8.30)
  • FXI (n/a) 20 Jan $110s at $11.85 (up $10.95)
    • Unfortunately sold 40 $98s against – now $13.55, up $9.15
    • Current plan is to move 20 $100s to 40 $120s for $7.10 and sell 60 May $111s for $4.10
      • This will cost about $6,000 and will be ingenious if it works out!

 

  • GDX (n/a gold miners) Jan ’09 $43s at $7.10 (up .20)
    • Looking to sell May $44s for $1

 

  • GE (July) Jan $37.50s at $1.16 (up .31)
    • I do not accept this value, I will wait

 

  • IMAX (?April) Jun $7.50s at .10 (even)
    • Not much to be done

 

  • ISE (4/25) Jan $45s at $10.95 (up $8.85)
    • Selling May $50 at $3.20

 

  • KMI (4/18) Jan $105 puts at .62 (up .42)
    • Hoping for a chance to sell May puts, otherwise cashing out

 

  • KO (yesterday) Jan ’09 $50s at $5.80 (up $1.95)
    • Selling May $50s at $1.95

 

  • LVS (?Apr) Jan $110 puts at $21.75 (up $9.85)
    • Sold $95 puts for $10, now $4.30 (up $5.70)
    • Will roll to May $95 puts for $6.10
      • – this means I’m pretty bullish on LVS, LOL!

 

  • MOT (today) Jan ’09 $17.50s at $3.60 (up $1.80)
    • Going to give it a bit and see where it settles out

 

  • MTU (???) Jan$12.50s at .75 (down .35)
    • Will have to kill this if it doesn’t move soon as closer calls don’t have enough premium

 

  • PGR (July) 50 Jan $22.50s at $2.75 (up $1.55)
  • Sold 30 $20s – now $3.40 (up $1.95)
    • have to roll to 50 May $22.50s for $1.20

 

  • SBUX (5/3) 20 Jan ’09 $30s at $6.15 (up .15)
    • Sold 14 $30s for $1.50, now $1 (up .50)
    • Probably going to go naked into earnings

 

  • SCI (5/9) Jan $7.50s at $4.85 (up $2.70)
    • This is just a proxy for owning the stock, no intentions of selling against

 

  • SHLD (May) Jan ’09 $190s at 32.70 (up $16.65)
    • Considering moving to Jan ’08 $200s for $14.75 and selling May $200s for $2.45 (or better, was $4 yesterday).

 

  • SNDK (4/26) Jan $40s at $7.40 (up $3.90)
    • Sold $42.50s – now $.30 (up .90)
    • will roll to May $45s for $1.20 or more

 

  • TXN (4/23) Jan ’09 $30s at $6.38 (up 2.33)
    • Plenty of time, will look to sell $32.50s above $1. Stock has had much trouble at $33

 

  • WFR (4/26) Jan $50s at 17.80 (up $10.70)
    • Moving to Jan $70s at $7, selling May $65s for $2.45

 

  • XOM (4/26) Jan $72.50 puts at $4.60 (down $2.75)
    • Waiting patiently!

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