Position Updates – 12/14/2012

Note: new or position changes from prior week are in italics

On the Long side:

  • $CRM (& own the December Diagonal Monthly/Weekly 170/160 Collar) < expect the Put to expire, it is a weekly)
  • $FCX (L a 2/3 position & S the December 34 Call, a Covered Call)
  • $JCP (& short the December 22 Call, a Covered Call)
  • $T
  • $DVA (& own the January 120/110 Collar)
  • $SYY
  • $YUM Here are the pieces: S December 62.5 Put (1/2 pos), S January 62.5 Put (1/2 pos), and L the January 70/72.5 Call Spread (a normal Risk Reversal trade)
  • $EWW
  • $SWHC (L Jan/Dec 12 Call Calendar, S January 9 Put – means I am short the December 12 Call, want it to expire, same for January 9 Put next month)
  • $KONG (January 5 Call)

On the Short side:

  • $GRPN (& own a December 5 Call)
  • $ANGI
  • $PAY (1/2 position left, & a December 29/30 Bear Collar)
  • $VFC (long a December 155/145 Put spread, long a Dec 150 Call – sold the 145 Put to pay for the Call, lock in $5 & gain capped at $10 on the Put Spread)

The Fab 5 positions are noted in my weekly update post for that basket of stocks. The post on the ETF Short pairs trade for  $TNA / $TZA & $FAS / $FAZ will be done at the end of the year when the trades are closed.

Note: corrected info on a $CRM piece on 12/15

  • 1nvestor

    It appears that I left off the long position in $SPRD