The stock market spent a week churning sideways as it digested the QE-inspired rally the week before. Stocks could easily continue this sideways churn but odds are good the market will see some window dressing as we enter the last week of the third quarter.
SWKS hit our stop loss.
I am suggesting we take profits on part of our ABT and TWX trades. Please see our play updates for details.
MDR has graduated from the watch list to active trades.
I have adjusted stop losses on: ABT, CHRW, LEN, LLY, MON, MRK, MSFT, PEP, PFE, TWX
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.