Monday, August 9, 2010

Good Friday

No, not the Catholic kind. I'm curious about something though. I was raised Catholic, went to catechism, got confirmed. Never really did understand the Holy Trilogy. Haven't been to Catholic church for eons. Why are you Catholic because your parents were Catholic? Is it something I can undo? Sort of a reverse baptism kind of thing? As Russell said, Que lastima.

Speaking of True Blood, and I will get to talking about trading in a minute, dreadful episode last night. Guh, this show is maddeningly inconsistent. Please stop forcing Sookie and Bill to do scenes together. It's torture. There is negative chemistry between these two. It's painful to watch. More lesbian scenes with Pam. There, I said it. Ya'll want that too, you just are afraid to say so....

Friday. First full week of trading the August week one contracts for GOOG and AAPL. I was short the 510 calls for GOOG the 500 puts and 500 calls and the AAPL 260 puts. It worked to perfection. I was getting a little concerned midday but the institutions came in for the afternoon and bought and drove both stocks to strike. GOOG closed at $500.22 and APPL at $260.09. I cannot state it enough that when this pinning takes place it is great to be short both sides of the strike. I would have been short the 260 calls on AAPL as well but I was out of margin.

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