Positions

AA – APR
[add short PUT Vert at 16.60]
ROVI
– MAY & APR
[4/4/11 – Adjust short CALL Vert to 60/65 with short 60/65/70 Butterfly]
[butterfly credit is +0.10 over backratio even with buying 70 CALL back at 0]
MSFT
[4/7/11 – Adjust weekly diagonal]
AXP
– LONG APR2/MAY Calendar & SHORT APR2 PUT Vert
[4/7/11 – Adjust calendar and short another PUT Vert Thurs APR2 Weekly expiration]
DAL – APR & MAY(MMM = 0.36)
[Adjust May position at APR break evens]
[APR break evens: 11.02/9.49]
DBO – APR LONG Diagonal (embedded PUT Vert)
[Add short PUT Vert at price level around 31]
[Exit around 33.60]
GLD – APR Iron Condor
[Adjust at 138.70 or 142.30]
[138.70 – add diag w/embedded call vert]
[142.30 – add calendar or butterfly]
HD – APR Diag (embedded short) & MAY short CALL Vert
[Leg into short PUT Vert at 36.50]
[Adjust upside risk or exit at 38.15]
———————————————————
Spec

SYY
– APR
[BE above 28.16]
DISCA
– APR
[BE above 40.76]
INTC – JUN
[BE above 19.70]
———————————————————

Protection
DIA – APR
[BE below 122.68]
IEF – APR short
IWM
– APR2 explosive butterfly & MAY PUT Vert
SPY
– MAY
[Look to increase position after 10pt rally at 143]
UUP – SEP
VIX – MAY

———————————————————
Income Earner
MCD
– APR Calendar
[Exit around 77.30]
LVS
– APR unbalanced Iron Condor
[Adjust at 39.60 & 45.40]
BIG
– JUL/MAY Calendar [LONG]
[Adjust at at 37.20 & 49.55]
———————————————————
No Adjustments Needed
C – APR & JAN 12 PUT Verts [SHORT]
SLV
– APR & JUL
[Alert at 35.30]
———————————————————
Junk
EXPE – MAY
[BE above 23.40]
FXY – MAY
[BE above 121.31]
PG

Advertisements
%d bloggers like this: