There are several tasks that I am finishing up on this weekend in closing out the 2011 year for my trading efforts. Part of this process includes a thorough review of each remaining trade that I am taking with me into 2012, as well as a review of trades that I want to begin building again right out of the gate.
For the purpose of this post, I want to focus on the remaining trades that have a more long-term view (more than 2 months). To further refine this list, here are my short positions in the long-term account going in to 2012:
$GRPN (Groupon Inc.)
$ANGI (Angie’s List Inc.)
$SHLD (Sears Holdings Corp.)
$LNKD (LinkedIn Corp.)
For the Options account, I have closed out the short ETF pairs trades for 2011 and will be putting those on again for 2012. These 2 trades are done each year and have a long-term view.
I will add here that I have one trade within my Swing account that could qualify here in that I have held it longer than 2 months – $VXX January 50 Put that was part of a Bearish Risk Reversal trade that I put on in early October 2011. However, I do look to close this out soon as we move closer to expiration.