Option Play and Weekly Watchlist Play

Close out of the INTC April 21 calls for a smooth $.50+ profit per contract. EBAY showed us what disapointing guidance can do, April 32.50 calls are worthless. Good chance to exercise the GA 12.50 puts if you got in them. I am still liking the XLF May 25 calls.

EnerNOC, Inc. (ENOC) was on this week's weekly watchlist. I thought the symmetrical triangle would breakdown and suggested a cover price of around $10. I hope you guys listened and made a ton of cash, and didn't wait to cover and watched the stock climb by 35% yesterday and nearly 8% today. Apparently shareholders are suing the company for stock fraud because the company's executives gave false statements to inflate the stock price. Either way the stock is up huge the last two days and am thinking about entering a short position into the close. Stay tuned.