SKF - I did a quick scan of a few charts and noticed a potential double-top on SKF and SRS. I picked up some SKF Nov 280 Puts for $2.00 with the stock at $295. I placed an order to sell at the market at the close and headed for the airport. 30 minutes later I stopped off for lunch and checked the quotes to see SKF @ $270. Unfortunately, I checked my sell order and it was cancelled by the broker (something about a market sell at the close on options on expiration day, I'll check Monday). So, I placed a limit sell @ $12.00 and it was triggered 5 minutes later for $10.00 profit. Well, I took my laptop to lunch and decided the Nov 260 were looking waaaaay too cheap @ $0.70 and with the market rallying/short covering. So, on the SKF bounce back above $270, I plowed some profits back into the Nov 260 Puts @ $0.70. I dumped those 10 minutes later for another $10.00 profit. It would have been nice to hold everything right into the close but I haven't been able to keep up with the intraday market action so my trading emotions have been out-of-sync for a couple weeks.
RIMM - I dumped the rest of my options for $3.00 profit on Tuesday morning. The market was down close to 100 points as RIMM rallied to $48+ so I moved up my stop and luckily, it triggered near the highs of the day before the market fell apart.
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