Short Term Traders-Listed Stocks

[jwalk]

FRPT
Sold those puts for .95 (bought at .20). They are currently trading at 1.25, which would have been lovely, but I had a drop-dead time for my sale and the battle right there around 19 made me think that I'd best sell those Julys right then.

I think the 200 day is a valid target; when we discussed this earlier, the 200 was near 17.50. Now it is closer to 18. Keep that in mind next week. (Don't think I'll touch it today unless there is panic selling.) Good to have several targets.

The puts gave me some nervous moments, but more than paid for a new pair of hiking boots. (Can't do anything other than covered calls in IRA, so this was in a very modest margin account.)

I think I'm done for the week. Here's wishing you guys a great weekend.
Jay

PS Notice how they have tried to bring ELN down, but failed each time? Now that could prove to be an interesting close.