Folks, wonderful start for the week.
TBT is rallying again this morning. We bought April 47/50 call spread on Feb 26 for $0.77. Here is the link: TBT Call Spread. I am closing half of my position at $1.45 or just over 100% profit.
Remember, we bought LPX March $7.50 calls for $0.40 as an earnings play and closed half for 100% profit. The stock has extended gains even further, but I am still holding the remaining half. The stock is still way undervalued in my opinion. Will assess later this week. Link: LPX Straight Call
AKS is finally cracking lower again this morning as Goldman downgraded the stock from Buy to Neutral. I am still holding my iron condor and expect it expire worthless. Link: AKS Iron Condor
I had a trigger set for RIMM to go long June 75/85 call spread as soon as the stock breaks $72.25. I filled the order for $2.90 this morning. RIMM Call Spread
Good luck!