DOW up 12.89, S&P 500 down 2.37 and the Portfolio down $24.75. Jobs report came out wish helped the markets early but the markets weren't able to keep it up for the entire day. No trades today. Here are those options I have been talking about.
Short AA June 09 $8 Put (AARH) 71.44%
Short GE Sep 09 $15 Call (GEWIH) 6.09%
Short GE Sep 09 $16 Call (GEWIQ) 18.82%
Weekly Recap 6/1 - 6/5
DOW up 262.80
S&P 500 up 20.95
Portfolio up $463.21
Trades 0
Trades Closed 0
Winners 0
Losers 0
Dividends $5.28
I know I haven't been very active with the portfolio. I really wasn't sure on the direction of the market. I will be looking to go long YHOO and possibly doing a buy write (buy the stock and immediately sell covered calls)
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