Monday, May 07, 2007

Cashed Out of Crox for Now.

I cashed out of my 80 contract position of June $60 call options on Crox to add to my Cisco options for tomorrow's earnings report. I will wait for some consolidation of Crox, which may only last a few days and will consider reentering this trade at July or August options priced out to $75 call options on Crox. I made good profits on this Crox trade but feel that more is to come.

Also, Disney (DIS) looks interesting for tomorrow's earnings play. I am also paying close attention to Charles Schwab (SCHW), more on this later. I am also paying close attention to Mindray (MR).

Good luck!

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