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.

SLRC ESRX GLD

SLRC was (finally) stopped out yesterday, -9.3% plus dividends. Better late than never I guess.

I added more ESRX calls and sold a bull put spread on GLD for next Friday.

More Sells

AI was stopped out on Monday, -0.1% not including dividends.

PRAA was close to its stops Tuesday morning but the market was set to rebound so I kept the TSL orders in place. PRAA gapped down at the open and sold, +0.8% and +12.3%.