In the weeks preceding our options product launch, we've been issuing trades in this free blog. And to secure our hard-earned gains, we're closing five of our positions today.

Thirty nine days after urging caution over the Barry Diller / Expedia rumors, we picked up the Expedia October 22.50 put (UEDVX) at $1.80. It now trades just above $5.10 for a gain of 183%. Bank it.

On tough trends, we also spoke of Coca-Cola Enterprises, picking up the November 20 put (CCEWD) at $1.05. Thirty nine days later, it's at $3.80 - good for a 262% gain.

Thirty five days ago, we urged caution after the Masco Chairman bought 300,000 shares of the company between $17.80 and $17.99. We believed that unless the stock could hold multi-year support, the stock would drop further, as it did. It now trades at $15.86 and is headed lower.

Following that report, we bought Masco October 20 puts (MASVD) around $3.00. It now trades at $4.70 - good for a 57% gain.

On June 3, we recommended buying the October 25 put (LYHVE) with the following argument. "It's only a matter of time before Lehman (LEH) joins the latest list of casualties," we said.

"Having just broken multi-year support levels, the underlying stock could be headed to $20 near-term. The best way to trade the possible drop is to buy the October 25 put option (LYHVE). This is an aggressive trade."

After rising as high as $13 and change, the put now trades at $8.40 - good for a 180% gain.

We also recommended a buy on the UBS AG September 2008 22.50 put on June 10, 2008. At the time, it traded at $1.30. It now trades at $1.70 - good for a 31% gain.