Digging Deeper

I'm still buying, more MPEL shares and calls.

The short May $10 FTK calls were assigned and executed through yesterday, so I executed the June $7.50 calls to cover, +29.3%.

The same will probably happen with my WYN spread. The ABT shares will be called, and the WPRT calls will expire worthless.

The FIip Side

Sometimes you go back to the well too soon. Both AAPL and CMG have pulled back and stayed there (or worse). I chose to sell the May AAPL calls (-34.7%) to balance my account. I then bought some MPEL shares with the extra cash.

I bought some OAS shares for a small account.

Fizzle

That was a disappointing end after a promising open. JPM's news won't help things tomorrow.

I bought shares of FTK, MPEL, and TAL, call options for FTK, and rolled my May CMG calls into June.

Rough Market

Now would be a good time to be sitting this market out. Sheez.

I made no trades today but yesterday I closed out May CLMT calls, +24.4%, and June FTK calls (small account), +11.4%. I was almost a day too late on the CLMT.

I rolled May calls to June for FTK and WYN and sold at the money May calls.

Jumped the Gun

Wow, this morning was the wrong time to buy WPRT, and the wrong time to cover MNTA. A few more hours would have made such a difference.

FTK hit a 52-week high before falling to trigger the trailing stop loss order, +14.4%.

Dabbling

I picked up some NOG shares and WPRT May calls.

I held onto CLNE too long, but not so long as to watch a gain turn into a loss, +5.2%.

I covered my MNTA shorts from the April puts, +0.2%.

Risk Adverse

The early action in MPEL scared me so the May calls are gone, +21.4%.

And Go Away

In keeping with the "Sell in May ..." theme (and the name of this blog) the RES calls were sold yesterday, +61.0%. Four trading days is kind of like "Buy and Hold", right?

If you were selling in May, where would you park your money? Maybe ARR or NLY perhaps?