Friday, January 4, 2013

Busy Day

I started off by rolling half of the 401(k) and 403(b) money back into mutual funds.

I added more HAIN shares and bought some JAZZ shares. I had a tight 3% trailing stop on the SMS shares which sold, +13.9%.

I sold (to open) a Feb SPY bear call credit spread. I sold the Jan XLP calls I bought last Friday, +52.3%.

I converted the Jan $45 JAZZ calls to a bull call spread by selling Jan $49 calls for a profit. So now I've banked a profit and I'm free-rolling on the $4 call spread. That should turn a 67% profit on the original well-ITM call investment which is no longer at risk.

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