Bought 20 x 100 Citigroup (NYSE: C) June10 $4 Put @ $0.17
Citi is hitting short term resistance at around $4.
it is trying to breakout $4 again today, its pretty much flat after opening high at $3.95 and staying at around $4 ever since.
we are betting on a retreat as it is hitting the daily Pivot resistance (short term technical analysis), and also hitting 200 DMA and 20 EMA
Auto-Excercised Gap Inc (GPS) May10 $25 PUT
Our 2 x 100 May $25/$27 Risk Revseral has just expired today.
the $25 Put is ITM and it will be auto exercise while the $27 Call is OTM and its worthless
we were longing 200 shs of GPS and we are now flat by the ITM Put
P&L + $656
Covered 500 shs of Boston Scientific Corp (BSX) @ $6.30
it is near the 52 weeks low so we are closing out this position.
might short on bounce again
P&L + $200
Short Rolled 10×100 Microsoft (MSFT) May/June $30 Put for net credit of $0.28
Covered 10 x100 May $30 Put for $1.78
Shorted 10 x 100 June $30 Put for $2.06
net received $0.28
now we are holding 10×100 June / July Calendar $30 Put Spread
Shorted 500 shs of Boston Scientific (BSX) @ $6.70
Bearish engulfment on daily chart after 2 days of doji ..
we believe it will continue its downtrend ..
targetting $6.00
Covered 100 shs of Research in Motion (RIMM) @ $66.02
it tried to break below the daily pivot at 65.93 but bouned back..
it is a strong support and we decided to cover it at 66.02 on its 2nd try to break below $66.
P&L +$78
Re Shorted Research In Motion (RIMM) @ $66.80
looks like the pivot pt 1145.75 for the E-Mini S&P 500 Index Future is a resistance and it is reversing down since touching it earlier today.
re shorted RIMM at 66.80 .. RIMM is also reversing after breaking the pivot 67.08 briefly.
Short Rolled 4×100 GS May/June $165 Call @ $0.76
We covered the May $165 Call for 7 cents , and then shorted the June $165 Call for 83 cents.
we are still longing 4 x 100 July $165 Call
currently the realized + unrealized P&L for this calendar call spread is – $745
Covered 100 shs of Research In Motion (RIMM) @ $65.87
RIMM tried to break below $65 convincingly a couple of times but failed.
it touched $64.53 intraday on Friday and $64.85 intraday today.. but failed to continue on..
we decided to cover our position and might reshort it on bounce
P&L +213
Shorted 100 shares of Research in Motion (RIMM) @ $68.00
the stock opened high but weakens throughout the day despite strong overall market.
chart still looks bearish.
will see how it goes
targetting $65
stop loss @ $70
