The Aggressive portfolio also had a strong week rising 3.35%. Our long call options on Paragon Shipping, HealthSpring, Amedisys, and Par Pharmaceutical all had strong weeks rising 33%, 13%, 12%, and 7% respectively. Our long call option positions are beginning to heat up and we think 2010 should be another good year. However, we did lose ground on Del Monte Foods and we remain far out of the money on our AgFeed Industries call option. Market volatility is down significantly and that means option premiums have also trended lower. Lower option premiums make it harder to find good opportunities for writing options as the smaller rewards often just are not worth the risk. However, we think volatility will likely rise over the next few months and option premiums should also rise as well. All in all, we think 2010 will be a good year for trading options. We expect to decrease cash levels in this portfolio over time as we uncover good buying opportunities.
Portfolio Details Available Online At: http://www.marketbeatingstocks.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment