http://www.stockrake.com

Took the 5% gain in the overnight NOV trade. NOV doesn’t move alot on a daily basis so the gap upwas good for me. Its not overbought, but with time decay on the options I don’t want to be around if NOV fills its gap. However, it does look like a little bullish island reversal.

5% is 5% I’m cool with it. I would rather own the equity from here.

EDIT: If you were smart, unlike me, you would still be holding the NOV calls and have an overnight gain of 37%. pffft.

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