Holding MTSN, ATMI and MERQ long, Covered shorts easily on WEBT, PWAV.. Two trades on PWAV today (long and short). Short one was called when PWAV was up 11, the long position I did not call timely although it was an earnings play. still holding SUNW, CMVT short in case there is a down gap on Monday or they do an "ALTR" dance.
I don't know why I bothered going long, but I think I was only one day early and I tried. Still hoping that NVLS, SANM, ZOMX, move up on Monday. TLGD, ELNT, were very interesting.. the spread closed as the stocks moved down but not when they were moving off lows.
Today's intraday LONG calls were: AAPL, MTSN, SANM, NVLS, ZOMX, RNWK, CMVT, ATMI.. TXN call options. The only one that really moved down appreciably was ZOMX and then NVLS. All were exited timely except TXN. RNWK, CMVT, ATMI, AAPL held their own pretty nicely. WEBT and ALLR were so-so. All were up after the calls, but it was really not a great day to go long.
Overnight "Shorts" were the best with: MUSE, ALTR, ADTN, CMRC, TLGD.. all are good companies that seemed 'over zealously' up on Thursday, and were designated as 'short term shorty shorts'.. which are only 24 to 72 hours. |
