Thursday, September 18, 2008

Sold 1 Nov 210 Put Lumber at 5.70 ($627)

Lumber kept on dropping, so I threw an order and got filled finally. This is for cost-averaging position. The expiration is 10/30 (or 10/31), so I'll hold until then. If I get assigned, great, my avg Lumber got lower. If I don't get assigned, I collected $627.

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