This morning I closed out my trade in NOAH, booking a 3% gain in a day.
Then I turned right around and jumped into SO. The March $47 calls were on fire! (Thank you WallStJesus!) It's safe to say the "smart money" is betting on an oversold bounce. Of course I also like the fact that SO is bouncing off it's 200 day moving average. Additionally, at these levels that hefty 4.5% yield should provide a nice floor in this low interest rate environment.
As for my other positions... Today I moved up my stops in AGEN (5.08), CLDX (21.15), RHT (68.10) and BRKR (18.50). I kept my stops the same in MBLY (35.50) and FNSR (19.95). Oh and lastly, my stop in SO is just under today's low at 45.60.
Moving to options... I sold to open a $47 TWTR put expiring next Friday. At the same time I closed out my Feb $46 put for a nice profit.