Waiting for the markets to pick a direction ...

I got a 4 day weekend to "catch up", but still feel stressed and out of time. My project at work is supposed to be finishing up a phase this week, and I'm lagging behind so I'm getting wound a little tight about that. Which means I've been working extra hours, and haven't had the time I'd like to stay on top of the markets and blogging :-(. To top it all off my January (expiration) strangles are slowly strangling themselves, so that's a little discouraging. But enough whining ...

What has also been taking a lot of time the last few days is setting up my new MacBook Pro :-). So far I LOVE it! It's going to take a while to get everything all setup and optimized, but so far it's coming together. I never realized just how much crap I use on my computer until now! And yes I'm a total geek and perfectionist, so I'm writing scripts and all kinds of crazy stuff to make it "just right". :-)

Recent Activity
12/4
Bought GS Apr 55P/80C - 1 contract for $21.15
- Entered limit sell order for $23.40 (~10% net profit)

Updates

My strangles that have January expiration are still looking pretty wilty. The stocks have been moving again finally, but in the wrong direction for my trades. The P/L graph for a long strangle is a U shape where you lose the most money if the stock stays put, and then your profits go up as you move either way. As the stocks have been cautiously rising my profits have been sliding down the left "arm" of the U. If they keep moving up I might be able to turn a profit in the other direction, but I don't see that a terribly likely. If the markets turn back down, they better do it soon or I'm afraid it will be too late.