Friday the 13th

Last night was kind of nuts for me. I went to the Lightning game (6-4) against the MapleDorks from Toronto. We went to Channelside after the game and with being out so late and the minderaser shot, I just ended up going home and passing out.

A little update on yesterday. Portfolio was down in a down market for the Dow and up market for S&P 500 and Nasdaq. -$100ish. BYOND put option is looking delicious now. Unless BAC does a nose dive (which might happen), this trade will end up being profitable. By profitable, I mean an almost 100% return excluding commissions.

The stimulus package passed today and managed to take the markets down a little. Not bad for a Friday. Portfolio down -$401ish with only one winner today besides the options, OLN, which was up .78%. Here are my options that are expiring soon. The first two expire this February with the third expiring in April.

1. BYOND up 58.76%
   
2. MSBY up 13.83%
   
3. NJPDQ up 74.96%

The only problem I foresee is my MS option, MSBY. MS is @$22.93 ($22.90 AH). MS touched $23.48 today. Very very close to the strike price of $24. Yes this trade will net me almost 20% in less than 8 days, but I really want to keep MS and either keep doing this trade (sell an OTM call) or sell an ITM call and get it over with. I really feel I can make 50-100% return on my money by June on this trade. We shall see.