- In the AGIX $25s for .90
- waiting to sell Apr $35s. I want to get at least $2 but if it gets to $1.60 I’ll sell them as I’m not looking to be naked on these!
Looking to buy more CTX Mar $50 puts at .75 (my current basis), might pay .75
- AGIX traded up to the $20s at $1,
- dumped 25s back for .90, I like having the extra $5 cushion!
- Offering to sell $20s for $1.25, would save me the trouble of selling April calls!
Posted February 20, 2007 at 10:52 am Permalink (Edit)
- KMI Sold $105 puts for $1.80 against Leaps
- Out of my DIA $127 puts at $1.20
- they served their purpose over the weekend, the postiions look safe enough.
As I will be out for tomorrow afternoon, I am setting tight (10%) stops on all March oil puts. There may a pump at the European close at noon or they may pull some shenanigans ahead of this afternoon’s contrract flip and I won’t be around tomorrow to actively manage it so I’d rather have cash.
Any positon where 10% is less than a dime, I sell now as I may as well get the extra dime than wait for it to pull back…
- DD on SBUX Jan $37.50s for 1.75
- selling $32.50s against Jan $37.50s for .95
- Bought SBUX Jan $35s for $2.70
- I would not do this without both postions
- GRMN $55s stopped out at $3.40
- SNDK – selling $40s for $1.75
