Cody’s Trades of the Week for January 18-22, 2016
TRADES FOR THE WEEK OF JANUARY 18-22, 2016
On Tuesday, January 19th, I sold a couple of shares to raise yet more cash:
- $SIMO-Silicon Motion: I removed the remainder of this position.
- $SYNA-Synaptics: I removed the remainder of this position.
On Wednesday, January 20th, I used a tiny bit of capital, less than 1% of the portfolio, to scale into some call options:
- $UA-Under Armour July call options with strike prices around $65 to $70.
- $FB-Facebook June call options with strike prices around $95 to $100.
- $SNE-Sony July call options with strike prices around $22 to $23.
COMMON STOCK
| Stock | Action | Date Initiated | Time Initiated-ET | Stock Price |
| $SIMO | Sell | 1/19/2016 | 12:00 p.m. | $28.50 |
| $SYNA | Sell | 1/19/2016 | 12:00 p.m. | $63.25 |
OPTIONS
| Stock | Call or Put | Action | Date Initiated | Time Initiated-ET | Option Price | Stock Price | Strike Price | Exp. Date |
| $UA | Call | Buy | 1/20/16 | 12:30 p.m. | $5.10 | $63.99 | $70 | July |
| $FB | Call | Buy | 1/20/16 | 12:30 p.m. | $6.40 | $91.15 | $97.50 | June |
| $SNE | Call | Buy | 1/20/16 | 12:30 p.m. | $1.85 | $20.58 | $22 | July |
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