17
Jan

Wrap – Week Ended 01/15/10

Print Friendly, PDF & Email

 

Excellent start to the week with the moves around Davy Jones but ending on a softer note of general market weakness. All in all, not a lot of movement outside of service where we capitalized on an upgrade to exit some of our HAL position for a nice gain. Have a happy MLK holiday, I'll see you on Tuesday.

Holdings Watch:

  • $10KP II: $26,700
  • 34% Cash
  • Positions on the holdings tab will be updated before Tuesday

Last Week's Closed Trades:

  • 4 scuds for the January expiry which is pretty typical for me. Three were minor positions but one was a larger position in BEXP which was unfortunate as it was a winner on Catalyst Events before succumbing to three Street downgrades on valuation.
  • Other Closed Trades:

    • HAL – Sold the (25) Jan $33 Calls (HZLAT) for $1.70, up 577%, with the stock at $34.60. I continue to own the Feb calls taken last week.

 

 

3 Responses to “Wrap – Week Ended 01/15/10”

  1. 1
    Wyoming Says:

    What are the reserves of WY?

    http://tinyurl.com/yfuzand

  2. 2
    Jerome Blank Says:

    UNG…Charts and comments…

    http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3724280

  3. 3
    zman Says:

    Thanks JB, good stuff.

Leave a Reply

Zman's Energy Brain ~ oil, gas, stocks, etc… is is proudly powered by Wordpress
Navigation Theme by GPS Gazette

s2Member®