The year 2010 ended on a quiet note. The stock market continued its recent trend of moving sideways. It was so quiet that many stocks traded in a narrow range and some of our option values failed to move from last week's levels. Our bullish plays on COP and INFY are getting close to our exit targets. Cautious traders may want to take profits early. We need to be careful with our trades on AKAM and BIDU since both stocks are struggling.
New stop losses for ACI, INFY, and NVDA
Disclaimer: At any given time the author may have positions in any or all of any companies mentioned in the Leaps Newsletter.
--Position Summary Table--
Table lists Directional CALL or PUT/LEAPS only.
Insurance puts, if applicable, are not shown.
Red symbol/name represents a play or option position exited or closed this week.