Update 10/14/11

DLTR PCCRC

DLTR lost quite a bit of its profits with the market moving up and IV falling. It is still profitable though so on Friday I rolled the shorts out to November for a $1.50 credit. Profit is now at 8%.

NVS PCCRC

No trades or adjustments were made to the NVS position last week. Normally I would have closed the position with earnings a week away, but I decided to give the position a few more days and will try to close on a day when IV is up. Profit was also down last week and is now at 7%.



ORCL PCCRC

ORCL profit was down last week as well to the point that there was a loss on the position. Since I do not roll a position that is showing a loss I closed the position on Friday for a $7.97 credit. Final tally on the trade was a 1% loss.



ROST Call Seagull

ROST also lost some profits last week but still had an overall profit so I rolled the shorts out to November for a $1.65 credit. The current position shows a profit of 6%.



GOOG Put Seagull

GOOG had a nice jump after earnings on Friday and I opened a new Put Seagull Jan/Nov at the 600 strike for $112.80. Despite GOOG dropping almost 10 points after opening the position, the overall profit is flat.