Matt's Positions as of December 31

AAPL:

Long 1 JAN11 100 Call

AEMD:

Long 7000 shares

CTSH:

Short 1 JAN09 20 Call

Long 2 JAN11 15 Call

GME:

Long 2 JAN11 20 Call

RIMM:

Short 1 FEB09 40 Call

Long 1 JAN11 30 Call

SLV:

Long 100 Shares

SPY:

Short 2 JAN09 94/97 Vertical Call Spread

Short 2 JAN09 95/98 Vertical Call Spread

Short 2 FEB09 80/83 Vertical Put Spread

Short 2 FEB09 96/98 Vertical Call Spread

UA:

Short 1 JAN09 22.50 Call

Long 1 APR09 25 Call

This month profit (loss):  2.3%

Year-to-date profit (loss):  (37.5%)

December was, hopefully, a turnaround month and not a fluke.  Most of the December expirations ended up in the money for me and I was able to lock in some solid profits, both with the vertical spreads on SPY and with some diagonal positions traded against the long options on some preferred stocks.

Strategy going into 2009:  Stay the course and try to make this strategy work for me.  A 2.3% gain per month is not too bad annually, if December was not a fluke that is.