Opening Positions

Right now I am a believer that we are possibly in a bear market rally so I have converted 50% of my options trading account to Cash awaiting a pull back. I will post trades live to this site as I make them. Right now my positions are as follows:

NP ABT (Abbot Labs) April 2009 Strike @ $45
NP BBT (BB&T) June 2009 Strike @ $10
CC CAT (Caterpillar) April 2009 Strike @ $33
NP COP (Connoco Phillips) April 2009 Strike @ $35
NP GE (General Electric) June 2009 Strike @ $7.5
NP GE (General Electric) June 2009 Strike @ $9
NP GE (General Electric) April 2009 Strike @ $10
NP VZ (Verizon) July 2009 Strike @ $25

Note: many of these positions were enetered into over the past months so they may not be good investments right now. The remainder of my posts will be very close to real time (I will post as I buy and sell).