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My name is Jeff Kohler, and I am an Option Addict. I make money in the options market.

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Position Update

In the course of updating my current puts positions and exit strategies, I copied and pasted my trades from my last update, forgetting to plug in the trades I have taken this week. Yes, very amateur, I know. I also felt it was unnecessary to share my call positions, since anything bullish is irrelevant in this market. Here are the rest of the details...

This weeks put positions

CLR- I will close out of this today if it closes above $65. My target is $55.

SD- Will exit on a close above $61, target is $52.

GPN- Will exit on a close above $46, target is  $42.

Here are my bullish positions

LNCR- Took a very small position a few moments ago, will exit on a close below $27.50, target price $30.50.

FLIR- Will exit on a close below $40, target price $45 (ST).

NUVA- Will exit on a close below $43.50, target price $50.

CELG- Will exit on a close below $69, target $75.

ATW- No point in closing this as I watched a significant gain turn to crap.

GMXR- Will exit on a close below $69, target $85.

CRK- Will exit on a close below $75, target $90.

POT- Will exit on a close below $215, target $240.

Also, I would appreciate it if we could not mention the tickers ICE, LVS, or XL today. Apparently I am trying out this new trading strategy called "Cut Your Winners Short." Letting them run is overrated.

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