Tuesday, November 16, 2010

Close Out URBN/TIF

Urbn at 36.1, TIF at 56.1

Close Out DKS/ZUMZ

DKS at 32.9, and ZUMZ at 27.94

Have a good feeling for today

URBN is up 6% pre-market, DKS is up 7% pre-market. NFLX continues to slide.

We will see how this turns out!

Monday, November 15, 2010

Closing ZUMZ call

Closed ZUM call (Strike 25) at 3.4. Taking some losses.  For most part we are neutral now. The longs on ZUMZ through puts are still on. But most of the value there has been extracted.

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

Friday, November 5, 2010