Wednesday, December 29, 2010

Who's on First

I've been trading rather actively so it's about time to summarize my holdings. Here goes ...

Stocks: ANR CF MCHP SMS SSW VALE VECO* VSEA WFR WLL & XLE. (all long)

Covered Calls (sold): (Apr) VECO*

Calls: (Jan) SKX VECO, (Feb) AEIS AMAT NEWP SCHN XLE, (Mar) SCCO, (Apr) WFR.

Puts: None.

Bull Call Spreads: (Jan) ANR CF CSTR FMCN RES RES, (Feb) CF.

Performance-wise, only the SKX call and FMCN spread are stinking up the joint. RES and VECO are a little underwater so they'll get back on track soon I hope.

I plan to sell higher calls to convert the most of the calls into bull call spreads, depending on the movement of individual stocks and the general market of course.

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