Thursday, March 3, 2011

SPY Close UP and PBR, KO, TSS, SCHN, PCX, KEY

here is a link to a video highlighting todays action

http://www.screencast.com/t/YD9PjmPhF

PBR - apr 41 call stopped out @ 1.35 + .15, still like this name will look to get back in

KO - may 65 call took at piece off @ 1.70s good for 100% gain, stops to 1.00 for now

KEY - jun 10 call took a piece off from yesterdays entry @ .56 + 51% gain, lots of bullish action hitting options today

PCX - apr 25 call took a piece off at 2.04 +.77 still like this name, lowering long exposure

TSS - long may 20 call @ .30

SCHN - long mar 70 call @ .25, 1/4 size looking for 1.50 move in the stock in the next 2 to 3 days

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