- portfolio up 24.6%
- S&P 500 price return up 6.91%, total return up 7.5%
I made two new moves. On Thursday, I sold an AAPL 210 Jan 2012 put for $25.3, bringing my delta exposure to AAPL back up to a total of 96. This was poorly timed with the pullback coming a day later, but AAPL sold off less than the overall market which is bullish on the margin. I'm eagerly awaiting the earnings on Tuesday afternoon.
I also made an earnings play on M&T bank, selling the MTB $85 July 2011 put for $5.40. I think M&T is one of the best regional banks to own, and wouldn't mind getting a 3% dividend for holding them as collateral against my other short put options. We'll see how their earning come in Monday morning.
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