Thursday, March 8, 2012

Selling Scared

This headline driven market is too choppy for me to sit on profit long as we're heading into options expiration next Friday. So I'm closing out well-ITM March calls rather than convert them to bull call spreads. I closed out KEG and most of my MPEL calls.

I bought well-ITM May AAPL calls. Go Apple.

MIC has been cranking along, FTK had a nice +9.2% day. Too bad I locked in my profit two points ago.

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