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CIEN II

Yesterday's little dip and today's higher volume reversal looks like a bear trap. Taking some $0.35 calls but overall market action will dictate how successful these will be. Dow and S&P in trouble, tech indices hanging on. Calls $0.35

DIA puts

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Very small taster play here. We still have to wait another few days to see a follow through to Friday's gains, but given the insipid volume it might never come. Today's bearish harami cross are normally very reliable reversal signals at a top. A close over today's highs negates. Apr Puts $1.00

CSTR out

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Unfortunately, I missed the opportunity to get out at the lows of $20, and the retest of these lows has persistently been resisted. Not sure this is out of the woods if you are long here, but with the NASDAQ having a good day I don't want to be holding this any longer than is necessary. Sold $2.70 (-$0.30 loss)

Update: CYBX calls were exercised

Manipulation to end Friday's trading at $40 resulted in my calls been exercised. TSCO Mar calls still in play.

VICL - building up buying momentum

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Like this for the long haul. Working through a base with resistance at $8.00. Keep an eye on this one. Check out the weekly chart . Featured in an intraday alert sent to gold members on Feb 18th.

QQQQ out

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Sold yesterday's puts at $0.95 - market at short term support - further losses on Monday would be a fresh trade down.

QQQQ puts

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Put some money to work with some Mar puts. Anyone brave enough to have bought Feb puts would have done very well today. Mar $38 puts $0.70. Featured on my public stockchart list . Looking for a move to the lower BB band/200-day moving average.

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