Most of my efforts this week in my personal accounts was with the management of expiring Options for February. I did add one new position – in $AIG – for the long-term account. The only position that required buying back short Call premium was $T – all other Option pieces expired allowing me to keep the premium collected.
Here is the Summary:
I will be doing some work for March expiration this week as I need to put on new Collars. As always, the info on the Fab 5 positions are noted each week and you can find the latest update here.
The ETF Pair Short strategy. Here is the current price performance in 2013:
- $FAS $FAZ = (-$.81)
- $TNA $TZA = (-$1.09)