My take on OINK - I sold a small chunk at $6.90 and will release the remaining as the price appreciates. Don't chase but buy on pull back.
I closed my GS December 18 2010 $170.0 at $2.70, it was a breakeven trade. I am expecting markets to drift down after the election results and before FOMC meeting. I think markets might not like if Fed's QE is <= $500 billion, which will pull the markets down. Buy the rumor Sell the News. I may be wrong but I may be correct also, who knows? so I bought some GS Nov 05 2010 $160 puts at .80