Archive for January, 2010

A rainy weekend

January 24, 2010

Lots of rain around here over the last few days. There are flood concerns in the areas immediately east of me.

Split decision for the Blue Jackets this week. A home win over St. Louis and a nice 3-2 win in Boston were offset by losses in Philadelphia and Minnesota.

With Texas having lost, Kentucky will be #1 in the next basketball polls. The Cats had no trouble with Arkansas yesterday.

After an easy home win over Northwestern, Ohio State went to Morgantown and lost to the Mountaineers. With West Virginia’s outside shooting suspect, the Bucks played a lot of zone and had a 14-point lead in the first half. But West Virginia shot well, and ended up winning by 6.

The Ohio State women had yet another close game with Michigan but came out victorious by 2. The Bucks play at Purdue Monday night on national TV.

The Kentucky women had two home wins this weeks and are 4-2 in the SEC.

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A split with the Badgers

January 17, 2010

After the New Years Eve embarrassment in Madison, the OSU men got revenge on the Badgers with a 60-51 win yesterday. Evan Turner came back from his back injury since the first meeting, but got in foul trouble and saw limited action.

Kentucky survived a scare in Auburn, winning by 5 to remain undefeated.

Columbus was shutout in Chicago Thursday night, believe it or not, their first shutout of the season. The Hawks came to Columbus Saturday afternoon. Columbus had a 4-3 lead late, but lost 6-5.

Defending the home turf

January 17, 2010

The ladies have been doing a good job of defending the home turf.

After losing 13 in-a-row to Vanderbilt, the UK women beat the ‘Dores 63-53 in Lexington last Sunday. It was an up-tempo affair, and close early. After being behind by as much as 10 in the second half, the Cats came storming back. Amber Smith had a career-high 20 points.

After losing at South Carolina Thursday, the Cats rebounded and routed Alabama 88-63 today in Lexington

Since the big win in East Lansing, the Ohio State women have home wins over Illinois and Indiana to remain unbeaten in conference.

January options expiration

January 17, 2010

During the day Friday I tweeted that I sold my long position in FPL Jan 45 calls. These were sold at a loss, but there was a good bit of income generated against the position during the time held, including the Jan 55 calls which expired.

My long position in QCOM was called away, as I had written Jan 40 calls. Profit on the calls was +5.22, on the stock +4.78.

My long position in WMT Jan 40 calls was exercised, which closed out the existing short position in WMT stock. The 47 cents of time premium I paid when I bought the calls was lost, but, again, income was generated during the life of the position.

Finally, I was assigned on a short position in LLTC Jan 28 calls. So, I am short LLTC, with the position hedged by a long position in Jan 2011 17.5 calls. I expect to write puts against this short stock.

Haiti

January 14, 2010

I have been listening to radio communications related to the Haitian earthquake. It is hard to imagine what it must be like down there. I have donated money to the American Red Cross, and I hope you will too.

Here is an excellent web page on RadioReference.com with information about Haiti comms. Ironically, I met the president of RR today online.

http://wiki.radioreference.com/index.php/Haiti_Earthquake_2010

Columbus picked up a nice 2-0 shutout win over Dallas Sunday night, but then lost in St. Louis last night. Need to go 22-7-5 the rest of the way.

Robbie Hummel had 29 points in the first half on eight 3s to give Purdue a nice halftime lead over visiting Ohio State. The Bucks were down 13 with 7 minutes to go. But a good full-court press got OSU back in it and they ended up winning 70-66. Evan Turner had a career-high 32 points on his second game back after a broken back.

Kentucky traveled to Florida and won 89-77. Eric Bledsoe set a new high in his young career of 25 points.

Alberta sweep

January 10, 2010

After getting blown out of Vancouver, the Blue Jackets won in Edmonton and Calgary. So, Columbus has a pulse, if weak. We play host to Dallas tonight before heading back out on the road again. Need to go 23-8-5 the rest of the way.

This Columbus Dispatch article indicates that the team is still far away from inking a new financial deal. The Blue Jackets are losing about $12 million a year. I agree with Mayor Coleman that general funds should not be used to subsidize the team.

http://www.dispatchpolitics.com/live/content/local_news/stories/2010/01/10/copy/blue_jackets_update.ART_ART_01-10-10_B1_FPG8KLA.html?adsec=politics&sid=101

Duke loses again

January 10, 2010

I didn’t watch because I was busy with the OSU-MSU women’s game, but Georgia Tech beat the Devils 71-67 yesterday. At the beginning of the game, the ESPN announcers were hyping Duke so it was a double sweet victory.

Purdue lost its first game of the season at Wisconsin, a tough place to play. Without Evan Turner, Ohio State got blown out of Madison on New Years’ Eve. Evan Turner came back this week, and the Bucks beat Indiana at home but lost at Minnesota. So, OSU is 0-3 on the road in the Big Ten so far.

Kentucky struggled at home yesterday against a surprising Georgia team but came out victorious to remain undefeated.

The Kentucky women lost an overtime heart-breaker at Georgia 61-60. But, that’s going to happen on the road. The Cats play host to Vanderbilt this afternoon, and it will be interesting to see how well the ladies defend the home turf in the SEC.

The Ohio State-Michigan State women’s game was on CBS yesterday, and the Bucks pulled out a squeaker. Samantha Prahalis had a career-high 32 points. She has added a lot more scoring to her game as a sophomore.

“Amateur radio people are just the best”

January 4, 2010

Great article in this morning’s Columbus Dispatch:

http://www.dispatch.com/live/content/local_news/stories/2010/01/04/radioguys.ART_ART_01-04-10_B1_B0G66J3.html?type=rss&cat=&sid=101

Split decision with the Wolves

January 4, 2010

Both the OSU men and women played Michigan today. The home teams won. The women pulled out a 3 point win, but the men lost by 9.

In the Rose Bowl, Ohio State scored the last 10 points to beat Oregon 26-17 in an entertaining game. Prior looked great and was named MVP.

The Kentucky men beat Louisville but it was a close game. The Cards seem to have improved a lot since some early season losses.

Two more losses for the Blue Jackets. Using a calculation done by The Columbus Dispatch hockey writers, I would say Columbus would have to go 25-9-5 the rest of the way to make the playoffs. The next three games are in western Canada.

My three-week vacation has come to an end. Happy New Year all!

Getting ready to go back to work

January 3, 2010

Here is what happened while I have been on vacation for 3 weeks.

I got stopped out of VISN at 11.00 for a gain of +2.17.

I was assigned on the short position in BMY Dec calls. The short stock is hedged by a long position in January 2001 15 calls. I collected +1.01 on the written Dec 22s.

My long position in EMR was called away as I had written Dec 39 calls. Total profit on the position was +5.07

Best wishes to all readers for a happy and prosperous 2010!