ENER

ENER - Closed the position EQIQV MAY12.50 PUT @ $.35 for a 56% GAIN.

Solar on fire today. Take my profits.

EPA News Article from Yahoo! News

I think this news from the EPA could be bad for coal companies and good for natural gas companies in the longer term since NAT GAS is a cleaner energy source. This could also bode well for solar stocks such as ENER.

I don't think it will impact our coal trades now.

CLICK HERE to read the news story.

Yahoo! News

ENER

Energy Conversion Devices (ENER) - Sold MAY12.50 PUTS @ .80 today. If it drops below $14.46, consider buying puts. Earnings May 7th.

ENER AMSC CNX ANR

Scale into your positions as the market goes down. I want to stay way out of the money because of earnings season and a possible downturn to SPX 790-800.

ENER - Still could see a pullback today into tomorrow.

AMSC - Waiting for a pullback to low $17's.

CNX - SOLD TO OPEN MAY 20 PUTS (CNXQD) - $.85 1/2 position. Already have a naked put in another coal company (ANR).

ENER

Energy Conversion Devices (ENER) Forming a base here with a $12.50 support area. On a pullback to $14 consider selling May $11 or $12.50 puts. Earnings May 7th. Could get volatile so bail before then or buy some protection.