Tuesday, May 7, 2013

What's Not To Like

I think I like this market.

With BA going ex-dividend tomorrow, I decided to sell the calls, +62.3%. I sold my May FUL calls as well, +23.5%.

I sold a short butterfly for DVA which reported this evening. I bought shares and calls in XXIA. I bought shares of AMLP and penny stock (lottery ticket) EXM. I've been rolling the short calls of my calendar spreads up.

This morning I traded too early. In almost every case I could have sold for more and bought for less later in the day. Fortunately the frustration is usually short lived.

SNTS and ROSE had a very good day.

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