Update: January 17, 2017

| January 17, 2017

January 17, 2017

 

Portfolio Update

I hope everyone enjoyed the long holiday.  

With the markets closed Monday, it was a perfect time to take a breather from the mad rush of the new year.

The market continues to hold strong, and seems to be gaining power as we get closer and closer to the Trump Inauguration.

I’m still seeing strength in Industrials, Finance (banks), Retail, Metals & Mining, and Energy!  Those are areas we’re going to focus on in the next few months.

Let’s look at the portfolio…

 

Portfolio Highlights

Just a quick note:  We won’t update every open position every update.  I try to focus on the positions that have some significant news or price movement.

  • Halliburton Company (HAL) January (20th) $50 Calls – This stock really treated us well.  Peak profits were 441%! If you haven’t already, exit this trade ASAP and take your profits!  
  • Valero Energy Corporation (VLO) January (20th) $62.50 Calls – VLO pulled back in the last few days.  This is another option that expires next week, so take your profits if you haven’t.  Peak gains were 491%!
  • Citigroup Inc. (C) January (20th) $55 Calls – Yet another option in the money that expires next week… take your profits off the table.  Peak profits were 326%!
  • The recent bank trades we put on from last week are holding steady.  Give these options time to run.

 

Category: AOA Updates

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