Sold The Options

Home / Market Comments / Sold The Options
October 9, 2006

Sold the call options in RAD and SIRI and took 25%+ losses in both. Timing was off.
I like RAD alot more than SIRI, but the market feels like it could selloff today and I don’t want to stick around holding options in stocks where the charts have turned infavorably.

I added to my position in XPO.




Related Posts

Another Down Day
Market Comments
As predicted we had another down day. I covered my FXP, EPV, EUO calls, and BZQ. All ETFs for greater than 10% gains, and the EUO calls earned 49%....
What Worked Today 11132007
What Worked Today
Being long. I called it yesterday in the comments of this post. I bought the dip yesterday nicely. I bought the ndx in my 2x funds, the qld which is...
What Worked Today 11122007
What Worked Today
Nothing worked today other than keeping a positive clear head and figuring out what my next trade is going to be. That is up. I’m playing the...
What Worked Today 10312007
What Worked Today
Being long the indexes. Nailed close to 3% today. Overall today was a big day. CEDC – I loaded up on call options yesterday and the day before....