Tuesday, November 25, 2014

More Profits and More Losses

Got out of CSIQ on 11/21 @ 0.70 for $150 profit. Wanted to leg out of the spread and let the naked 27 call ride up, but I chose instead to take the money since my AAPL and YHOO positions are in the red.

Got into KING on 11/21, short 5 18/20c @ 0.60, got out today @ 0.30 for another $150 profit.
KING reacted exactly as anticipated to the gap fill resistance on Friday and continued to go lower today.


Both YHOO and AAPL have gone higher despite the fact that both are heavily overbought. I'm holding out this week and if they don't give up some ground, I'm going to have to get out of the trade.




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