Friday, April 14, 2006

Quick Update

Well, I've been playing around with the Ipod Nano... got it today as specified by the rescheduled delivery date. That thing is tiny. It's pretty sweet. Not sure if I'll start listening to music at work or not. I guess we'll see.

Anyway, onto the important stuff...

Sold off the rest of the Form Factor (FORM) in the 40-40.50 range. Also, increased the Portal Player (PLAY) position substantially -- added shares at 21.18.

Next week is going to be an important week for me and the trading port. First, Apple (AAPL) reports its earnings. This should affect both AAPL and PLAY and will play a role in the options I've written for Apple. Also, SanDisk (SNDK) reports earnings -- barring a disasterous quarter, looks like I'm going to lock in maximum profit on the buy-write strategy.

After next week, I'm going to have a lot of dry powder... not sure where to make a move next.

And, P.S. Pyramid Hefeweizen beer is relatively inexpensive and excellent. I encourage you all to try some.

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