The Submarine Basket update – 11/26/2013

I have been active in this Basket of stocks this week so I thought I would get the list up-to-date:


A few positions to make a note on:

$EBAY I now own the Weekly 49/50.5 Call Spread and short the 50 Puts

$GTLS This has been a wild one but the bounce has worked quite well. I am currently capped (so can get called at any time) but I do have a significant Option cushion to work with

$HTZ I used some of the large Option cushion to make a Put Spread (gets rid of the downside Risk from the original short $22 Puts)

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