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"Shorted" AGAIN at $524.31 after covering yesterday at $516.11.Closed out today the short March 360 (11 contracts) and 370 puts (10), one for a nickle and the other a dime. They cannot get any lower with 2 weeks left.The short March 460, 470, 480, 500, 510, and 520 puts are next to go.Only the March 510 and 520 lizards are a bit of a concern.
Closed out yesterday's short sale ($524.11) today at $521.28.Market over-reacted to the "unemployment" report and expect the market to be in the doldrums next week.The short March 510 and 520 puts are still in jeopardy and may close out these 2 lizards before option expiration.
"Shorted" Baidu Inc. in the last hour at $535.33.Currently, the "short" March 510 and 520 puts are shrinking at an amazing rate - unbeleivable!!!!Tremedous short covering today, possibly indicating a short term top in this overvalued POS.