PAY, FST, OXY, SLB, JBL

This market continues to be lofty and I understand that. With that in mind I am putting on 1/4 to 1/2 size positions. The trend continues to be up and I will try to be on the right side of the trend as best as I can. Today I entered the following positions.

PAY mar 44 call long @ 2.35

FST mar 39 call long @ 1.35

OXY mar 100 call long @ 2.10

SLB may 100 call @ 1.70

JBL mar 22.50 call @ .55

I will look to add on strength, if it presents itself, especially on the longer dated options may, jun and so forth.

Here is a link to the video covering these positions,

http://www.screencast.com/t/dE1dGsbt

On a side note, the NI jul 20 call that was entered on 1/5/11 @ .25 is currently trading @ .45 -.50. I normally take 70% of a position that doubles, in this case I am looking to add to the position if it closes above 18.93