- Flipping my SNDK $45 caller at $1.20 to $42 caller at $3.40
- This is against my Jan ’08 $40s
- Taking LVS $105 puts for $3.30
- tight stops
- CVX – looking to get out of 1/2 Mar $70 puts for $1.50 or better to erase DD
SPWR missed by .02, still such a huge gain, hard to tell what the reaction will be…
This expansion plan of SPWR is very ambitios and may spook short-term investors…
- Stopping out of CY Mar $17.50s at $1 if I have to as I’m not blowing an almost double!
- I can’t possible post all my stop outs, I’m basically taking calls off the table before they drop 20%.
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Took CY $17.50 puts for .25
- Out of TXN Apr $27.50s for $3.90
- Out of YRCW Feb $40s at $2.40
- Out of GOOG $510s for $12
- the ones I own, not the ones I sold!
- Out of Apple Feb $80 at $7 and $85 at $3.5,
- flipping to July $85 at $10.80
- Sold DIA $125 puts for $1.20 against my June puts
- 1/2 out LVS $105 puts at $4.50
- applying $1.20 to $3.50 basis (now $2.10), regular stops
- applying $1.20 to $3.50 basis (now $2.10), regular stops
