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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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Existing Shorts and Exit Plans

Too bad I didn't choose to sell half of my positions in ICE and LVS rather than sell them altogether. Much like I did with CMG. I am still holding puts in WYNN and will roll into some August contracts when the stock closes below $78.

For the folks that wanted to know what positions I am still holding, and didn't feel like scrolling down to find out, here is the rest of my put positions...

SOHU- A break above $75, and I am finished. A break below $66 and I will double.

SOHUSHiz.jpg

WYNN- Will add on a break below $78, will close out on a rally above $87. Target price, zero.

FAST- I will give this one up to $47.50..target price is still $40.

BWLD- Will close out on a rally above $30, target price still $23.

ADBE- Will close on a break above $41, target price still $37.

OMG- I would buy puts on this today. I bought more. Target $23.

OMGflag.jpg

WFR- ST target $51. When that fails, I will add, and this stock will surely die.

WFRtarget.jpg

CMG- Target $72, will close upon a rally above $90.

TIF- Target $35, will add on a break below $40.

CHL- Target $50, as long as it fails $65. I will add at that point.

HRB- Does it matter?

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