Wow, who would have thought, a second trading being closed in as many days! On Monday morning, I will be closing out the trade opened just one week ago, Long TripAdvisor (TRIP) & Short (AOL) which currently stands at +27%.

I got a good question today regarding how I calculate returns. I think I’ve gotten into some detail about this over time but probably never in a single post. Next Friday, I will discuss exactly that. Let me know if you have any questions regarding these returns, I’ll be more than happy to answer. In the meantime, have a great weekend! I will be opening one new trade Monday and hopefully Tuesday as well.

IS