Tuesday, February 14, 2012

Takin' out the Trash and Near Misses

One day earlier on ASGN would have been nice, up 14.5% today. Old fav TAL was up 10%, both on earnings reports.

Yesterday I closed out losing option positions (Feb calls) on ABT, PTEN, and RES (way OTM), -13.0%, -69.7%, and -96%. I still have more Feb calls for ABT, KEG, and RES to close out in another account. I should have put the brakes on PTEN and RES a lot sooner. Instead, I bought more. Don't do what I did. :-(

My MCHX shares drooped into the trailing stop and sold, +10.4%. No more MCHX.

I missed on my MYL buy but did pick up some Mar $11 HMY calls.

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