Positions Thread

[MrBlue]

i bought more aapl puts. Time for the quarterly after earnings dip.

[James282]

sold half of my position in CTRP and sold my entire position in GOL. Hate to make my portfolio more American-centric, but that's life. Sold GOL because I bought it on a tip and never realy understood why I owned it, sold CTRP on rebalancing and valuation concerns - will get back into it if it dips, and if not, I don't need such a large percentage of my portfolio on one horse with a 95 P/E.

May buy forum favorite DSUP if it gets back down to 7.

James

[MrBlue]

[ QUOTE ]
i bought more aapl puts. Time for the quarterly after earnings dip.

[/ QUOTE ]

These puts went up a ton just from today. [img]/images/graemlins/grin.gif[/img]

Too bad I already sold them for a loss last week. [img]/images/graemlins/frown.gif[/img]

[Sarge85]

LONG:

T
NUE
GRMN
MON
GE
CVX

Sarge[img]/images/graemlins/diamond.gif[/img]

[xxThe_Lebowskixx]

More PBT. Bought NLY.

[jkeats]

[ QUOTE ]
Buy MOO at 48.5


[/ QUOTE ]

I love MOO long term. Bought 500 shares at $40.50 the first day it was trading.

[Jimbo]

Back in GOOG today on the short side, I just bought 5 GOQXR (690 Puts) at $22.80 per contract. Now all I need is a little correction in the next few days.

Jimbo

[Jimbo]

[ QUOTE ]
Back in GOOG today on the short side, I just bought 5 GOQXR (690 Puts) at $22.80 per contract. Now all I need is a little correction in the next few days.

Jimbo

[/ QUOTE ]
Just call me fickle, got a bit nervous with the direction Google was moving late yesterday and in this mornings' session. Sold my 690 Puts for the high (so far) of $24 per contract and purchased 5 GOQLB (710 Calls) at $14.80 during the same dip.

Now I want GOOG to Zoom Zoom Zoom instead of dive.

Jimbo

[Jimbo]

People seem to have lost interest in this thread so this will probably be my final update for awhile.

Earlier purchased 5 RULLD Rimm 120 Calls at $6.40 per contract and will sell at $10+. Luckily sold my GOOG 710 calls near todays' opening at 23.60 for a $12.20 profit per contract after comissions or +$4350 net net.

Rebought these same calls at $17.20 and expect them to fetch over $20 before the trading day ends.

On a final note it looks like the SIRI/XMSR deal will finalize very soon so I hope others bought some of these shares while they were still cheap. I plan to exit SIRI at $4.25 and XMSR at $17.50 or higher.

Good luck to all you traders,

Jimbo

EDITED BELOW:

Guess I should update my Spec recommendations in this post as well.

Am holding onto Smith and Wesson (SWHC) for the medium term. Plan on selling my LVS Jan 125 Calls at anything over $5.50 (purchased at $5) the fundamentals haven't improved and Dec should be a poor earnings month for them, not willing to gamble on an average 4th quarter earnings report.

Finally I hope no one else bought GA when I suggested it in my Spec thread. They misrepresented their user data for the months prior to them going public in the prospectus. I have joined in a class action suit against them and hope to recover my $20K in losses in that position but will not hold my breath on that happening anytime soon. I apologize if anyone else lost money in this dog but I did my due dilligence and read the prospectus, just relied on what I saw and believed the information.