Monday, September 12, 2011

Residual Value

DNS +69, +27, +8.

Trades:

I sold-to-close the RBCN put options, +6.5%.

I closed out most of my underwater September call options while there was still a bit of time value. HUN -97.9%, ODFL -87.3%, TW -71.7%.  AGM and TIBX are about to close worthless.

I sold calls to convert ROSE to a bull call spread.

Timing can be everything with options and I really jumped the gun here.

REITs ARR and NLY were up, GLD down, and SPRD marches upward.

Reversal alerts: (2), SAVB and VLCCF. Nope.

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