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More trades

Clearing some S&P100 Puts and Buying More TetraTech

I'm falling way behind on keeping the portfolio updated on this blog (1 month behind now) as work is getting pretty busy these days (more on that later). Friday I sold 5 of the 20 Put contracts on the S&P 100 for a .50$ gain on my 1.50$ investment. The remaining contracts are my insurance policy on a continued down turn.

Today I bought 300 more shares of TTEK at 20$ per share adding the the 200 I bought in June at 22.50$.  I like this water/environmental services play as it is a predictable business and shouldn't see a lot of downside during this shaky market. The recent pull back is unwarranted. I still think this is a 25$ stock in 12months.

 

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