Wednesday, October 23, 2013

Buy BA NSC (sell puts)

Buy BA via selling Dec 105 puts
Buy NSC via selling Dec 75 puts

I sell puts on Boeing and Norfolk-Southern Railroad on their earnings moves. Story is mostly the same, low risk, low reward, high probability worm trades.

Oil and oil stocks drops today, and my positions in APC and XOP move against me.

Long AMGN APC BA BRKB FDX GDX IWM KORS
Long LGF NKE NSC WHR XOP XRT
Net long GLD SPY

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