Tuesday, May 18, 2010

PCCRCs rolled to June

XEC Bullish Fly
I have not made any adjustments to the XEC position this week, although I have come close a couple of times. It is losing money, but it is a low risk position. Current P/l is -34%.


TPX PCCRC
I rolled the short May straddle to June today for a 2.28 credit. The position was up today and current p/l is 21%.


WHR PCCRC
I rolled the short WHR straddle yesterday for a 4.70 credit. The position is currently up 24% despite WHR having fallen 10 points from when the position opened.


BIDU Fly
I still am holding the vertical in the BIDU fly, and looking for a good adjustment point. Current profit is -17%.


CTXS PCCRC
I adjusted the CTXS PCCRC yesterday rolling the May straddle to June for a 1.33 credit. Currently p/l is at 13%.


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