Thursday, 3/4/10 update

I was unable to look at the market yesterday at all, so I made no trades and also did not have time to post an update. Today I tried to fill an OEX 1.5 day IC but did not get a fill. I did, however, open a new monthly SPX IC. I was filled immediately on a 1025/1050/1175/1200 IC for 3.05 credit. This was the mid price at order entry, but an immediate fill always make me think I could have got a better price. The position ended up down 0.7% although it was profitable for most of the day.

HAS PCCRC

HAS was up 0.40 today to 36.73 which is 4 points above the strike price. I am considering an adjustment to lock in some Delta gains buy selling one of the extra long calls which will be shown in the second picture below. The position lost 1% over the last 2 days and is down 7% overall. 

FDO PCCRC

FDO made a huge jump today up 8% to 35.24. This brought in 4% profit over the last 2 days but the position is still down 5% overall.

AAPL PCCRC

AAPL closed at 210.71, a good place for my position, but the options have lost 2% over the last 2 days and 9% overall.

CREE PCCRC

CREE closed at 69.07 and the position gained 3% today and 30% overall. The risk graph looks good on this one for now so no adjustments will be made unless CREE goes higher.