Investors were in a festive mood last week as traders bought the dip and drove the market higher. The post-FOMC meeting sell-off has almost been erased.
UA hit our stop loss on Dec. 22nd.
We closed half of our TSN trade on Dec. 21st to lock in a potential gain.
The TSN option bid was $7.00 (+75%).
CLX, EA, FB, and KMB all have new stop losses.
Note - some of our positions have been adjusted for the cost of short-term protective puts.
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.