Friday, February 22, 2013

Stupid Apple

I covered my AAPL $140/$150 credit spreads before the close since AAPL couldn't stay above $150. At least not until the last 5 minutes of the trading day. How aggravating. Returns were +7.9% and +5.6%, which isn't bad for a week, but there was way too much risk and drama.

My GLD spread will take the max loss, -100%.

I bought back shares of KOG and VRTU. Both closed higher. The calls purchased yesterday for URI and TAL are helping recoup losses.

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