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CLOSING POSITIONS 5-16-08

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The following positions were held and closed out at MARKET ON CLOSE

BK MAY 45 SHORT CALL for a DEBIT of $0.50 ( could have got a better price earlier in the session, but I always have you hold and CLOSE POSITION with MARKET ON CLOSE,

JCG MAY 47.50 SHORT CALL for a DEBIT of $1.30 ( once again could have closed out for as little as $0.38, but I always have you MARKET ON CLOSE.

SOLF MAY 20 CALL BUY TO CLOSE -CREDIT of $2.60 MARKET ON CLOSE

THE FOLLOWING POSITIONS EXPIRED WORTHLESS

NOK BOTH positions expired worthless

SHPGY BOTH positions expired worthless

BK MAY 50 LONG Call expired worthless

JCG MAY 50 LONG Call expired worthless

LVS MAY 80/85 CALLS and 60/55 PUT -IRON CONDOR BOTH Expired worthless

IWM MAY 75/77 CALLS BOTH expired WORTHLESS

SPY MAY 144/146 CALLS BOTH expired WORTHLESS


Murphy is amazing, could have hit us hard today, but we got a few breaks. Usually you can count the good breaks on one hand...

Will recap the positions tonight

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