CCL, MOT Update

Higher oil prices have continued to hamper Carnival. Most analysis of this company that I've read is bullish on CCL, noting it's at a bargain price. They could be right in the long run, but short term, this thing is going to continue to plummet. Analysts never mention airline prices either, which is an important factor in cruising, and continue to rise. Carnival is currently trading at $31.69 and I'm at a 100% paper profit. Will hold until next earnings or Carnival hits the strike of $25, which ever comes first. As the delta has steadily been increasing, my profits will begin to increase more quickly should the stock continue on its downward trend (Gamma is, however, relatively low).

Motorola has mostly been flat since my last post. Currently it is trading at $7.37. My price target is still $7.00 stock price. Option is now ITM. Up 34%, not looking for a huge return on this. Should see a 50%-60% profit. AL