The stock market has rallied to new five-month highs in spite of weakness from the financials. Technology and energy stocks continue to perform well. We are taking some profits early on MCD and selling the rest of the 2011 calls. Plus, RIG hit one of our targets to exit our 2011 calls. Please note we are closing the LMT play early.
New stop losses for HUM, MICC, and PEP.
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 dropped play this week.