Sell
APC strangles Apr 75 puts, Apr 95 calls @82.5
I
rebalance my position in Anadarko Petroleum to about neutral. I have
a complicated position with several layers of short puts and calls.
The
stock market continues what I like to call a zombie bull advance. Seems like
virtually nothing can stop the market from lurching forward. At some
point it comes back, but when? As I often write, calling tops and bottoms is more for entertainment than for real life traders.
Long
BA BRKB IWM LGF MON PG QCOM SPY
Net
neutral APC KORS
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