Monday, December 27, 2010

Update 12/24/10

Click to go to the VEGA Trading discussion forum on Insane Money

I did make a few adjustments last week despite the low volume due to the holidays.

NOV Bullish Diagonal
No adjustments were made to the NOV position and overall profit is now +285%.

FCX Bullish Diagonal
I uncovered FCX on Wednesday by buying the Jan 11 119 Calls for 3.70. Overall profit is now +192%.

XLE Bullish Diagonal
On Tuesday I uncovered XLE by buying back the Jan 11 68 calls for 0.91. Overall profit is now +222%.

CTRP Bearish Diagonal
I covered CTRP on Tuesday by selling 2 Jan 11 40 Puts for 1.10. Overall the position is down 26%.

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