Let's Play "Pummel the Expiring Options!"

Why do the issues you want to finish strong fizzle going into expiration week?

Trades:
Dec. bull call spread ANR sold early (+89.7%).

I sold Jan. bcs LCC (+14.2%) at a big discount to intrinsic value before the TSA controversy kills holiday air travel and the value of the spread. (The spread's value was always heavily discounted.)

Nov. call spread NTAP expired at full value (+26.6%). I normally aim for more gain but this was a for 30 day holding that opened 9% above the short call. Seemed like a good option for some spare cash.

For Nov. call spreads WATG and PWER, the upper, short calls expired worthless, leaving me to sell the stock at a later date. The returns now stand at (+11.1%) and (-13.9%) respectively given today's closing prices.


Reversal alerts: (t2) ACAS ACE ARBA AVT BKCC BRLI ED EMR FIS GR GRS NRF RGR RRST SLH & WST. (hlr) ABT ADM ASR CBK CUB CYT GEO ICUI MBI MNTA MU RMBS ROK SNPS & WHR.

The value-sales port is up +27.3%.