Backing Out

DNS -131, -44, -16.

This market is just too hard to make money in. All my favs are getting beaten up on a daily basis. The trailing stop loss order will take me out of the stock positions, and I'll just sell off the calls while there's some value left.

PTIE, TEO, and ARR are my only positions showing any staying power.

Trades:

I sold off the SPRD shares acquired with May calls, -92.4% for the full trade.

My FMCN shares hit the 6% trailing stop in one trading day, -6.2%.

I sold my June calls for CVI (-62.8%), PTEN (-36.9%), and TEO (+29.4%).

Reversal alerts: (2) - PTI and TSL.