Current Portfolio

Portfolio Comments:

Monday's broad-based rally helped the market recoup a good chunk of last week's fiscal cliff sell-off. We only have a few hours left for 2012 and there is no final cliff deal yet. Success or failure on a deal could generate a lot of volatility for stocks the rest of this week.

NOTE: We did close our 2013 Jan $30 AIG calls on Monday, Dec. 24th with a +47% move.

Looking at our portfolio, we added HON from our watch list.

No new stop losses tonight.

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.