Monday, December 22, 2008

Covered 1 Jan 170 put

Lumber rallied and my exit was filled at 0.9 (or $99 less commissions). My profit is 5.5 - 0.9 = 4.6 (or $506 less commissions). I'll sell 1 Mar 170 puts once I roll over my current position to the next expiration.

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