Good Timing Helps

The last of my GTLS shares were sold when it drifted down into a tight trailing stop, +3.4%. I know I'm being uber cautious about selling these news and earnings pops, but I'm expecting the tide to go out next month as investors go away in May. LCC, RES, and GTLS have held onto their gains, AAPL not so much.

I bought CLNE this morning hoping to catch another RES-like launch off the bottom. It closed up 6.3% on the day which put my calls up 25.7%. Yummy.

My weekly AAPL $635 covered calls expired out-of-the-money. More Free Money.

FTK was up 6.6% today. I have stock and call options in it.

The monthly ARR  dividends (17.4% yield) showed up this morning too.

Today was a good day in a good week. TGIF.

Weak Hands

That describes my GTLS position today. I was one of those people that sell when they finally get back to even. GTLS surged 9% this morning on the earnings report and started to lose steam. I sold my June calls (+14.4%) and half my shares (+0.03%). After watching it trade down the last six weeks I wasn't in the mood to give anything back. It closed up 10.6%.

I had the good fortune of buying June RES calls for a small account Tuesday morning. The bid for my account missed. It closed up Tuesday, gapped up Wednesday on earnings, and ran up another 5.8% today.

April Expiration

LCC gapped up this morning and started fading. I sold half, thinking I was being trigger happy. It kept going down so I sold the rest. LCC is not a stock I can bank on. Net +35.9%.

Then I sold covered calls for AAPL for next week's expiration. I added on to my LGF calls. The MYL covered calls I sold expired OTM.

My spreads worked out so-so. The CLMT $22.50/$25 spread closed safely at $27.03. But MNTA of course went on a tear this week so I'll take a small loss on that $20/$15 put spread. CMG went the other way, from breaking $440 earlier this week to close at $419.26. That's just low enough on a $350/$420 bull call spread to be a PITA. I did an Execute-and-Sell on the 350s (the $420s were covered by May $370s).

Updated returns: CMG +116.0%, CLMT +82.9%. I have shorted stock in MNTA to close out.

New Stuff

Yesterday I bought May calls in WYN and LCC. WYN is a consistent money maker, and LCC is, well, erratic. LCC went up 16% today ... a nice surprise to say the least. I'll wait a little bit to see where where it goes before I sell, but not too long.

I bought more AAPL shares today.

AAPL Sale

I was able to grab a few shares of AAPL  for under $575 this morning as the stop loss orders were avalanching.

I sold the PRFT shares to raise a little cash in case I want to buy more AAPL. Net +0.22%.

I rolled GTLS and LGF calls, and bought May calls for CMG.

Spreads Locked

I locked in my profit for Friday's expiration ... let's hope the markets trend flat to up.

I sold offsetting calls for CMG and CLMT, and offsetting puts for MNTA.

I rolled the OAS calls to May.

I bought May calls for APPL then it went down. So I bought more calls. Then it went down more. Let's hope some good news is forthcoming.

Update

I've been pretty inactive this month but I have a number of option expiring Friday.

A few stocks closed out, all via trailing stops. WYN (+2.22%) in March and MIC (+15.84%) on the 10th.

I'll be converting ITM April CMG and CLMT calls to call spreads this week, and rolling OTM calls GTLS, LGF, and OAS. April put MNTA is ITM as well.