Current Portfolio

Portfolio Comments:

It proved to be a very volatile week for stocks. After a +19.5% bounce from its October low the S&P 500 saw a -5% plunge on Monday-Tuesday this past week. Stocks started to rebound just as fast but lost momentum on Friday.

We had two stocks make the jump from our watch list to our play list (JPM & RHT). Plus, we had planned to do some profit taking on Monday, October 31st on both EMC and HPQ. We exited our 2012 calls and sold 1/2 of our 2013 positions.

I have updated stop losses on JPM and ROST.

Keep in mind that we're going to see some earnings announcements this week that could create more volatility in our portfolio.

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.