Interactive Brokers Olympiad Day Seven

Options!

Longs:
120 ZMH @ 83.40
124 TSO @ 80.76
791 LGND @ 12.67
200 TK @ 49.73

Shorts:
1205 GNSS @ 8.29
695 PPCO @ 14.37

Options Sold (I stepped in front of some high volatility movers here...)
50 IIG Feb 25 Calls @ .402
50 MNTA Feb 20 Calls @ .91 <-- Wow, look at this chart. I am a little nervous.
50 AGIX Feb 15 Calls @ .15 <-- Hopefully I will be selling more of these tomorrow, this stock exploded today. Big time.

Closed positions:
Covered 627 AVR @ 16.10 -.16
Covered 200 JRCC @ 6.67 -.35
Covered 2882 NUVO @ 3.46 even
Covered 600 GFI @ 16.26 +.02
Covered 1205 GNSS 8.07 +.22

Closing Liquidation Value: $97,626

Two of the companies I sold calls in exploded today. My trigger was set to sell them too quickly which was somewhat intentional so that I could see if it would work at all. At any rate, it will take days for these positions bring in major cash as they have to give back volatility via time decay. But I am confident that this strategy will pay off and big. One major issue I have with it though it that I pretty much have to sell these options at market, and if there is a big spread at the moment of the transaction I will take a small loss instantly. Thats why my liquidation value is down today, otherwise a good day. All the options I sold are out of the money and there are only two weeks till expiration, in other words I expect these positions to return 100% profit.