November 2009 | Members

 

9:05am (EST)

FedEx (FDX, $85.26, up $0.46)

December 90 calls (FDXLR, $1.45, flat)

Entry Price:  $1.40 (11/17/09)  
Exit Target: $2.80 
Return: 4%
Stop Limit: 70 cents    

Action:  Continue to hold.


Colgate-Palmolive (CL, $82.84, up $0.44)

January 85 calls (CLAQ, $1.55, up $0.20)

Entry Price: $1.35 (11/17/09) 
Exit Target: $2.70
Return: 15%
Stop Limit: 70 cents 

Action:  Continue to hold. 


Microsoft (MSFT, $30.00, up $0.46)

December 30 calls (MSQLF, $0.80, up $0.24) 

Entry Price:  $0.65 (11/16/09)
Exit Target: $1.30
Return: 23%

Stop Limit:  NO STOP

Action:  There were a lot of good things happening with Microsoft right now.  One brokerage firm came out with a price target of $36 for the stock and another said this is the company’s best product cycle in five years…


Netflix (NFLX, $60.75, up $1.29)

December 65 calls (QNQLM, $1.20, up $0.25)

Entry Price:  $0.80 (11/13/09)
Exit Target: $1.60+
Return: 50%
Stop Limit:  NO STOP

2010 June 80 calls (QNQFP, $2.15, up $0.25)

Entry Price:  $1.65 (11/13/09)
Exit Target: $3.30++
Return: 30%

Stop Limit: NO STOP

Action:  Netflix got an upgrade yesterday as well and a new price target of $73.  The stock made a solid close above $60 and OUR price target is $100…


Dendreon (DNDN, $29.39, up $0.24)

2010 January 35 calls (UQBAT, $1.20, up $0.05)

Entry Price: $2.15 (10/15/09)
Exit Target: $5.00  
Return: -44%

Stop Limit: NO STOP

Action:  Continue to hold.