Stocks delivered one of the worst weeks in months as investors sold the election night news. Renewed worries over the fiscal cliff and Europe have undermined investor confidence again.
The market looks weak. Readers will want to take a defensive posture on any bullish trades.
The plan was to exit our WFC trade on Monday, Nov. 5th.
SPRD was stopped out.
CNX and SCCO have graduated from our watch list to the active trade list.
No stop loss changes tonight.
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.