Thursday, December 16, 2010

Panic Dis Order

With the roller coaster market and options expiring tomorrow, I put in limit sell orders for VSEA and WLL as both had lost ground recently. Both orders fired off and I lost a little value (probably). +33.7% and +14.3% respectively. Considering that I'd rolled the short call up on VSEA to buy discounted intrinsic value, and doubled down on WLL with a late repeat buy, I can't complain about my yields ... too much.

That still leaves me with expiring in-the-money spreads for BEXP and OMG.

Reversal alerts: (4). Ford, SNH, and TKLC. Ford is holding a P/E between 10 and 8.

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