Big cap stocks continue to lead the market higher but it was encouraging to see the small caps actually participating last week.
Keep an eye on the QQQ NASDAQ 100 ETF, which is currently at 14-year highs but it's also testing potential round-number resistance at the $100.00 mark.
Last week we closed the HES trade and the 2015 WSM calls on Monday, August 25th. WSM was later stopped out on Thursday's gap down.
There are new stop losses on CELG, FFIV, WDC, and WLP.
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.