Saturday, July 21, 2012

Options Expiration



Today is options expiration. I had two positions:
short Facebook (FB) $25 puts, this one expired worthless, good
long WmWare (VMW) 97.5 calls, expired worthless as well, bad.
In total, they about cancel each other. Well, being flat is better than being at loss, but a little profit would be better.
Disclosure: I am long FBVMW.
Additional disclosure: Positions can change any time.

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