Bought Some YGE and TSO, Sold UWM
Bought calls in YGE and TSO today. The May YGE 30 and 25 strikes saw unusual volume (the puts did as well, but not nearly as much action), I decided to go risky and go with the May 30s. For TSO I went with the June 25 calls there. YGE reports tomorrow. I haven’t had luck lately with earnings option trades, but SOLAR has been red hot, and YGE can move big. I’ve been a fan of YGE for awhile.
Sold UWM today for a 5% gain.
Sold my index funds, and will buy on red closes. Maybe even as soon as tomorrow morning if its weak.
I didn’t get to post yesterday, but I did sell my USO puts like a wuss. I took a loss on them, but it was the wrong call, because OIL is really breaking today. Early out.
Related Posts
-
tom
-
tom
-
tom
-
tom
Recent Posts
-
Trading Movies 16 Jan 2012
-
80% Chance Of Showers and Down Move 12 Jan 2012
-
Finding A Technical Co Founder, It Ain’t Easy 10 Jan 2012
-
Two Positions and Waiting 05 Jan 2012
-
My 2011 Year End Review Infograph 25 Dec 2011