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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (165094)	3/6/2012 4:01:30 PM
From: Salt'n'Peppa	Respond to of 206151

LOL. I wrote Mar45s & more Apr50 and Jun40s (yesterday). S&P

To: CommanderCricket who wrote (165094)	3/6/2012 5:03:44 PM
From: mach	2 Recommendations Respond to of 206151

CC, Nice to see IOC up on a down day like today. I added shares at ~$59 on Friday and more today ~$55. Also have been selling puts Mar55&60 a few weeks ago and Apr45-55s over the last week. A bit underwater overall on these now, so follow through will be welcome. I'll wait awhile to sell covered calls on my uncovered shares. I closed out CIE Mar35 covered calls yesterday and Mar/Apr 25puts yesterday & today for a nice gain. I want to add some more short puts, but will wait and watch.. I shorted LNG last Friday and suffered through the spike up, but held on, and started closing out the position today. Still have short Apr16 calls and 3K short shares. I also held my short ATPG Mar8 calls through the spike last week, covered 1/2 at breakeven today. The only adds I made today were to short another 1K SHLD, also have some Apr75 short calls (currently underwater). On other non-energy positions, I took assignment on short calls last month on LEN @ 21 and LTD @ 43. They're finally heading in the right direction! Looks like the market is starting to get volatile again, this is where the good opportunities pop up. Mark