Friday, March 21, 2014

Weekly: GILD ruins my week

A down air pocket in GILD on news, ruins an otherwise relatively calm expiration week. I will post the monthly recap a bit later.

Fri Sell GILD Apr 80 calls @72.0. Gilead Sciences down hard on news. I sell calls to hedge my short put position.

Thu Sell IWM Apr 107 puts @119.3. I add another layer to my Russell 2000 net long position.

Wed Sell BA Apr 110 puts @123.9. Worm trade on Boeing

Sell UNH Apr 72.5 puts @79.8. United Healthcare break out to new highs.

Tue Sell DAL Apr 30 puts @33.1. Worm trade on Delta Airlines.

Position summary:
long ASH BA BRKB DAL DIS HON HPQ MSFT SLB UAL UNH VRX
net long AMGN GILD IWM SPY

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