Commentary: ------------------------------------------------ Just opened an account with TradeKing. I will be buying puts and calls on the cheap and selling dear if the market permits. I'm looking at BIDU, LSTR, AKAM, POOL, CRM, CTRS, and ABFS for cheap calls. I like them all, but AKAM had tight spreads so I bought that. Trades: ------------------------------------------------ LONG AKAM FEB 15 calls at .35 Positions: ------------------------------------------------ LONG AKAM FEB 15 calls at .35 Open Orders: ------------------------------------------------ GTC SELL AKAM FEB 15 calls at 1.00
Commentary: ------------------------------------------------ Bailed on AKAM early, but I am still bullish on stocks. I'm going to wait for market close to put in my GTC sell orders, for now I'm going to watch price action to see what I might expect from this move. Trades: ------------------------------------------------ SELL to close AKAM FEB 15 calls at .35 (bought at .35) BUY to open MFC FEB 17.50 calls at .65 BUY to open BUCY FEB 20 calls at .75 BUY to open AMX FEB 35 calls at .10 Positions: ------------------------------------------------ LONG MFC FEB 17.50 calls at .65 LONG BUCY FEB 20 calls at .75 LONG AMX FEB 35 calls at .10