2010 will be what 2009 should've been

Thus I'm lightening up on my positions. MCD & JNJ sold for 6 and 10% profits. KO sold for a 12% profit. Averaging down on HSY.

Some more longs

Bought MCD @ 57.27
Bought WMT @ 50.2
Bought WM @ 29.78
Bought DUK @ 15.78
Bought BP @ 54.44
Bought CAG @ 21.11

All yielding ~3% or greater, all have a PE of less than 20.

All are off at least 20% from their 5 year high, and 20% off their 5 year low.

Covered Puts, Wrote More

Covered my coke puts for a 75% profit. Wrote Jan $60 Exxon Puts for $1.1 (XOMML). Exxon would have to decline 15% to a new 3 year low below $59 for me lose money on this one.

Wrote MCDWK put, McDonalds Nov 55 Put for $1.4.
Wrote JNJVM put, In-the-money Johnson&Johnson Oct 65 Put for $4. I want to own Johnson & Johnson here.