Hi Everyone,

We are doing extremely well in the portfolio.

SunEdison $SUNE: Where we are, and where we are Going this Week

SunEdison, Inc. (SUNE) was up $2.21 today. This is an 11.83% increase in the stock price- and the name closed at $20.89.

In the portfolio, we own (25) $SUNE Jul 2014 $20.000 call (SUNE140719C00020000). We sold (20) $SUNE March 2014 $20 calls.  I may make some type of adjustment – and take money off the table before the end of the week. The trade is working out positively. $SUNE traded 3x today with the signing of a financial deal with a German bank for solar expansion.

I will adjust so we extract the entire invested capital – and still put us in a position to benefit if $SUNE continues to go up.

Other Portfolio Names: Outperforming

1) SouFun Holdings Ltd. (SFUN),
2) Autohome Inc. (ATHM),
3) NorthStar Realty Finance Corp. (NRF): our biggest position,
4) Illumina Inc. (ILMN),
5) Visteon Corporation (VC),

Dividend Reinvestment

I will designate what names I want to reinvest dividends. Some names we hold for the 10+ annual dividends – but I don’t want the dividends to be reinvested. Those positions will be sold in good time.

Just an FYI on $SUNE – and coming changes. Todd



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