It was a short week for the U.S. market thanks to Hurricane Sandy shutting down Wall Street for two days. The rally on November 1st didn't last very long with traders selling into strength on Friday morning.
I am concerned about our WFC trade and we want to close positions on Monday morning.
CREE is a watch list candidate that has graduated to our active trade list.
I have updated stop losses on DFS, JOY, SIRI, and V.
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.