Position Updates – 08302013

A good week for trading as there were a lot of of good opportunities with the volatility continue to increase. I did a brief post about newly added positions here and they all look to survive into the weekend.

Positions closed this week:

  • $FLR
  • $OSIR this was a “to fade” play that worked very well. Bear Collar piece was exercised so I just closed the rest of the trade
  • $EPI too early for this India play
  • $JOY I was short a 1/2 position of the August 30 weekly 48.5 Puts (BtC today)
  • $IBM I was short the August 30 weekly 180 Puts

I have several existing positions that need attention Friday as they had Options as part of the trade and expiration is today:

  • $HPQ I am short the August 30 weekly 22 Straddle (1/2 position) with long stock (1/2 position). I will let this get called away
  • $CREE I am short the August 30 weekly 54/56 Strangle with long stock
  • $JCP I am short the August 30 weekly 13.5 Calls. These will go poof
  • $CRM The August 30 weekly 35 Puts will go poof (were added on 8/29 before earnings as protection on the Submarine Basket long position)
  • $FDX I am short the August 30 weekly 113 Calls. These will go poof
  • $V I am short the August 30 weekly 175 Calls. Real tight so will need to monitor
  • $CSCO I am long stock and short the August 30 weekly 24 Straddle. I do not mind getting Put more stock if that occurs
  • $HD I am long stock and short the August 30 weekly 75 Calls. Will need to monitor

I did make several adjustments this week to existing positions and that is reflected in the Summary below (prices current as of this post):

Positions_08302013

 

One thought on “Position Updates – 08302013

  1. A lot of the short premium for this week expires which is the goal. I did add $IDX to the Submarine Basket today at $22

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