Messy Oil

The puts for the GLD credit spread expired worthless, +25.2%.

I'm still struggling with some of my earlier, more expensive oil positions. My CVI shares were stopped out, -7.4%, and some of my nearly worthless $10 May KOG calls sold, -80.6%.

I bought shares in ROSE.

Except for the oil stocks and options, everything else is looking pretty good, particularly BA, DCIX, AAPL, and MPW.

Trigger Happy

AAPL opened up and looked like it was moving up, so I covered tomorrow's $405 short calls while I could still show a profit on them. They were ITM and I had decided to keep my long June calls anyway. Then AAPL started moving lower of course. Frustrating. +19.9%.

The DVA shares hit the 4% trailing stop, +2.6%. They report Monday.

I bought more NNN shares and some more June KOG calls. There's been some significant buying of KOG pre-market lately. I think someone has decided to take a position.

Pick Carefully

Wow, You either did well or poorly today with strong moves in both directions. CRZO was up 5.2% along with CVI, OAS and KOG. AAPL recovered for a small loss by the end of the day.

AWAY disappointed yesterday evening so I bought the short calls back this morning, +200% on the repurchase cost.

I sold ESRX calls for a bull call spread conversion.

I bought FLT shares.

Selling the Rally

I sold the KOG puts that held my shares delta-neutral until KOG could find a bottom (hopefully), +29.4%. Fingers crossed that KOG moves up from here.

I sold in-the-money calls against my May calls for HEP and VRTU. I sold OTM calls against my July AWAY calls. I bought June BA calls.

It looks like the APPL earnings report disappointed some - the stock is again below $400 after hours (for what that's worth) after closing at $406.13 (above my $405 short call for Friday). That's fine by me as I'd just as soon keep selling the weeklies.

New Day, New Stocks

I was a little disappointed with my sale of the OAS shares and especially the buy-to-cover of the CRZO shares. They both moved against me at the open, then reversed somewhat.

I bought SNTS shares, and calls for FUL.

I sold this Friday's $405 AAPL calls against my June $330s. I'm hoping the $405s expire OTM, but if not, that will be okay too.

I thought my KOG puts were going to sell today but didn't. I was ready to take that profit and wait for the stock to rebound.

April 2013 Expiry

Yesterday I bought shares in O and both shares and calls (different accounts) for AWAY and VRTU.

The OTM April URI calls I sold against my June $40s expired out of the money, reducing the cost for the latter by 10%.

The April $35 OAS calls I mean to sell but instead bought because of haste and stupidity expired worthless, -100%. That should have been 100% gain. Grrr.

Friday I sold 1/3 of the OAS shares delivered from the April $30s leaving me to cover the remainder. OAS recovered some Friday. Closed Monday, -70.3%.

My CRZO butterfly expired leaving me some shares to buy-to-cover. Closed Monday, +77.8%.

AAPL ARR REGN

REGN hit the 6% TSL trigger so it's gone, +9.4%. They report next Monday.

I bought more ARR shares.

I expected more of a sell-off when AAPL pierced $400, but it seems to find some support so I bought some deep ITM June calls.

Tomorrow my CRZO butterfly expires, probably in the green. My accidentally purchased (rather than sold) $35 OAS calls will likely expire worthless, and the $30's have lost 2/3s of their value. The short leg of the URI calendar spread should expire worthless, then I can sell some OTM May calls against my June calls.