Buy
BRKB via selling Oct 100 puts @114.3
Buy
LGF via selling Oct 29 puts @35.3
I
sell some October puts on Berkshire Hathaway.
I
open an October position in Lions Gate Entertainment.The sequel to
Hunger Games is opening November 22, 2013. Prior experience and
intuition tells me it will be bullish until then. That said, this is
a another worm trade, way out of the money, so I have some cushion.
Long BRKB EMN GE GDX IWM KORS LGF
/edit
to add: sell IWM Oct 88 puts @102.7
Another
worm trade (low risk, low reward, small premium). The 50 day moving average is around 91, and 88 is several chart support levels lower.
Long BRKB EMN GE GDX IWM KORS LGF
Net
long APC BA GLD SPY XRT
No comments:
Post a Comment