Taking Profits

I am taking profits in some of my call option positions I bought recently:

• ASEI broke out to new highs late last week. The stock got some press about all of the controversy surrounding port security. Today, it is seeing a big spike, up as much as 10%. I have sold my calls into the spike.
  
• I have also sold my call options in MFLX for similar reasons.

I will keep my eye on these stocks, and may look to re-establish positions on a pullback. I am maintaining a bullish posture, just moving to a less aggressive stance.

sold