Update 4/1/11

I was on vacation most of last week but was able to make some trades. My accounts had all diagonals uncovered by the end of the week which led to some nice profits on Friday, especially on UA.

NOV Bullish Diagonal

NOV bounced around this week and finished flat for the week. I did have a signal to cover on Thursday but I was unable to make any trades that afternoon. NOV bounced back Friday so I left the long uncovered. Current profit on NOV is 574%.

XLE Bullish Diagonal

XLE was flat on the week also with a gain of 3 cents. No trades were made and the total gain on XLE is now 654%.

UA Bullish Diagonal

UA was the big winner this week especially Friday when it rose more than 5 points. I rolled the Jul 60 calls to the 65s and added another contract for 4.40 credit. Profit doubled on the week and now is 309%.

DECK Bullish Diagonal

DECK was up 4 points on the week although no trades were made. There currently is a loss of 20% on the DECK position.