Friday, September 27, 2013

Buy APC GDX NKE (sell puts)

Buy APC via selling Nov 80 puts
Buy GDX via selling Nov 20.5 puts
Buy NKE via selling Nov 65 puts

I sell puts on Anadarko, the Gold mining ETF, and Nike. Again, I am putting some capital to work after the recent option expiration. Nike had a good earnings report and a nice chart pattern. Anadarko has been my war horse all of 2013. The gold miners are choppy, but the strike price is way out, so not that much risk.

Long AMGN APC BA BRKB GDX IWM KORS LGF NKE XRT
Net long GLD SPY

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