Sales & Hedging

Sold two lots of Kraft (KFT) for $30.50 and all three lots of Hershey (HSY) for $43

Gains of 13% and 27% respectively.

Bought another 100 SDS @ 31.22 with a stop @ 27.50.

More buys

1) Humana 6.45% due 2016
2) Wrote AUY May 11 Put @ 1.1

New positions

New positions in ExxonMobil (XOM) @ 67.60, Dupont (DD) @ 37.50, and Southwest Airlines (LUV) 2016 4.25% bonds

More putting naked

Wrote two RST 20 Jun Puts @ $0.8
Wrote one GRMN 30 July Put @ $0.95

Sold two lots

of RST @ $25 even for a 25% gain. Wrote a $25 June call on RST for $2.24

New Bond & Sold WM

Bought Pepco 6/1/2017 6.125% Bond at 106.131

Missed the WM sale @ 32.50 in yesterday's post for a 11% profit.

Closing "Other Picks"

I'll put my money where my mouth is. But wow, these picks did great:

Other Picks
• Bought AA @ $10.48 [11-26-08]
o Closed AA @ 13.34 [3-3-10]
o $2.86 profit/share; 27.3% ROI
• Bought DBA @ $24.80 [11-26-08]
o Closed DBA @ 25.11 [3-3-10]
o $0.31 profit/share; 1.2% ROI
• Bought KO @ $45.90 [1-6-09]
o Sold KO @ 53.9 [3-3-10]
o $8 profit/share; 17.4% ROI
• MSFT @ $20.49 [11-26-08]
o Sold MSFT @ 28.46 [3-3-10]
o $7.97 profit/share; 38.9% ROI
• PFE @ $16.07 [11-26-08]
o Sold PFE @ 17.32 [3-3-10]
o $1.25 profit/share; 7.8% ROI
• VLO @ $23.24 [1-4-09]
o Sold VLO @ 18.63 [3-3-10]
o $4.61 LOSS/share; 19.8% LOSS
• YHOO @ $10.58 [11-26-08]
o Sold YHOO @ 15.57 [3-3-10]
o $4.99 profit/share; 47.2% ROI

17.14% Average ROI