Update 11/18/11

MCK PCCRC

No trades were made to the MCK position this week. MCK dropped a couple of points on the week but still has a 9% profit.

ROST Call Seagull

On Monday I closed the ROST position with 2 orders shown in the risk graph. The final tally on the trade was a profit of 3%.

GOOG Put Seagull

I also closed GOOG on Monday by selling the Put Seagull for a 112.90 credit. The final result on GOOG was a $30 profit.



BIIB PCCRC

No trades were made on the BIIB position this week. Currently BIIB is showing a 4% profit.

Update 11/11/11

MCK PCCRC

No trades adjustments were made to MCK last week and it continues to do well boasting a 10% profit.

ROST Call Seagull

No adjustments were made either to ROST this week. ROST has earnings next Wednesday so I will be closing the entire position early next week. Currently there is a slight profit of 2%.

GOOG Put Seagull

Friday the GOOG position became profitable for a while, although at the close Friday it was back in the red. I have not closed or rolled the position, but I will make that decision and trade early next week. The currrent loss is 1%.

BIIB PCCRC

On Friday I opened a new PCCRC in BIIB. It moved in a positive direction after the trade opened and is already posting a 2% gain.



Update 11/4/11

DLTR PCCRC

On Tuesday I closed the DLTR PCCRC with two orders as the position had 5 legs. The final tally on the trade was an 8% profit.

MCK PCCRC

I adjusted MCK on Tuesday by selling 4 Feb straddles for $11.25 credit. This was done to take some profit after an IV spike on Monday and Tuesday. Currently the position is profitable at +7%.

ROST Call Seagull

I did adjust ROST also on Tuesday by rolling 6 Jan Calls from the 80 strike to the 90 strike for a $5.90 credit. Profit is now at 6% on this position.



GOOG Put Seagull

No adjustments were made on the GOOG position and it is showing a loss of 4% despite being close to the short strike price. If things do not reverse this one will be closed next Friday.