Opening positions as of March 28, 2009

1-16-09 Bought CAT EI, May 45 Call options @ 2.59 for expected move higher on earnings announcement. As it turns out, they missed, and these calls got decimated. They are close to worthless so I will hold to see what happens.

3-10-09 Bought COP May 40/45 call spread @ 1.57 on expected move higher in oil prices.

3-17-09 Bought XJZ FL, June 12 Call options @ 0.27 on expected news of further bank stabilization plans. Sold part of the position on 3-23-09 for 0.43. Allowing remainder to run.


3-4-09 Bought DVY @ 28.41 for diversification and its high dividend yield (6.2%)
3-9-09 Bought T @ 22.56 for high dividend yield (7.3%)
3-9-09 Bought 50 oz Silver for inflation hedge
3-10-09 Bought TUP @ 12.38 for high dividend yield (7.1%)
3-17-09 Bought DOW @ 7.88 for high dividend yield (7.6%)
3-23-09 Bought WTW @ 19.27 for high dividend yield (3.6%)
3-24-09 Bought AVP @19.06 for high dividend yield (4.4%)