The stock market's rebound off its August low continues. The NASDAQ and the S&P 500 has broken out to new highs but the Dow Industrials and the small cap Russell 2000 are lagging behind.
We want to exit our HES trade immediately. Also plan to exit the 2015 WSM calls.
CELG, CMI, and LMT have graduated from our watch list to our active play list.
There are new stop losses on AIG, DIS, DVA, EXPE, FFIV, MSFT, WDC, and WFC.
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.