Friday, November 4, 2011

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.



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