Friday, November 12, 2010

Partial Close MAR

Closed 1 Call at 1.9. Taking some losses. Getting closer to neutral.

Wednesday, November 10, 2010

Fingers Crossed

Going in 20% short for tomorrow. More confident on the nflx position now after the CSCO debacle.  Wondering what's in store tomorrow. Only long tech position still open is MSFT.  Does have some protection in OTM call sold on it. I was thinking of next quarter to be the precursor to a tech bloodbath.  Seems like christmas is here early? Wait and watch.

Close Out (NGS/RDC)

NGS at 16.58, RDC at 31.82

Short NFLX

Sell 2 Nov 12 Calls at strike 180 at 0.87

Thursday, November 4, 2010

Close Out FSR/CB

FSR at 11.77, CB at 59.76

Close Out ADBE

Taking Profits.

Closed ADBE at 29.39. Jan 32 call at 1.7, Jan 36 call at 0.37

Wednesday, November 3, 2010

Tuesday, November 2, 2010

Close out ADBE Put

Close out ADBE Put at 0.17. Locking in the gains on the option.