9:05am (EST)
Gilead Sciences (GILD, $46.59, up $0.33)
January 50 calls (GDQAJ, $0.50, up $0.10)
Entry Price: $0.55 (12/04/09)
Exit Target: 80 cents
Return: -9%
Stop Limit: 25 cents
Action: The January options do not expire for another 39 days. Continue to hold.
A123 Systems (AONE, $17.18, down $0.67)
January 21 calls (ZKQAU, $0.45, down $0.43)
Entry Price: $0.80 (12/04/09)
Exit Target: $1.60
Return: -44%
Stop Limit: NONE
Action: For protection, you can add the January 15 puts (ZKQMC, $0.65, flat) if you feel the stock is headed back below $15.
TiVo (TIVO, $10.06, up $0.22)
February 12.50 calls (TUKBV, $0.75, flat)
Entry Price: $0.75 (11/30/09)
Exit Target: $1.50
Return: 0%
Stop Limit: None
Action: The February options expire in 74 days so we have PLENTY of time with this one. Continue to hold.
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