Current Portfolio

Portfolio Comments:

The U.S. market is up sharply in the last two days. Can the upward momentum last?

CL hit our exit target at $109.00 on August 1st. AMRN and BMY have been stopped out. LLY was mistakenly listed as closed, when in reality our 2014 call position is still in play. We have added TWX as an active trade.

Please note that we want to take profits on our 2013 VLO calls tomorrow. Plus we want to exit our KO calls on August 9th. See the play updates section for details.

We have adjusted the stop losses on: KO, PEP, PFE, V, and VLO.

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.