1) Mastercard, sold at NOV 78 call to profit $10050 , if you do it like next trading day, it's more =) <--- tip tip
The reason why I did it: I see $78 as a huge resistance. It has been testing $77 for a long time. And I kinda got sick of monitoring MA. So I sold a NOV CALL and won't look at it till November.
2) Wrote NOV puts of blue nile (NILE) great business, stock is undervalued, hit it's all time low at $25 with a huge resistance. wrote NOV 25 PUTS for $1.25! Huat ah! If price of blue nile hit $30, I will convert this into a bull put spread to free up my capital for other stuff.
I'm not doing much right now, I can't seem to sense the direction of the market. SP500 has problems breaking the 2000 point barrier, a freaking huge resistance. At the same time, I cannot stop investing as it just doesn't make sense. Playing defensive and perhaps I may hedge my funds. The index is going up but with little volume which is very worrying. Lets see how this will play out.