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Today’s Transactions:
Added more ABX averaged at $47.92
Opened a position in CVS May 08 50 put at $13.30 Stop-loss if the stock is closed above $41.00
Reason: The company released a disappointing same-store sales figure for December this morning. The same-store sale has been trending down for the company in the past few months. The stock currently is traded at a premium P/E ratio compared to its peers.
Today’s Return: 0.66%
Return YTD: -0.04%
S&P 500 Return YTD: -1.44%
My positions:
PG
UTSI Jan 09 10 Call
SOHU
GOOG Mar 08 500 Call
SNE
ABX
CVS May 08 50 Put
Short SOHU Jan 08 50 Call
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