EEM - Open Position

Written on January 6, 2009 – 12:01 pm | by admin

I opened a position in EEM a few minutes ago.  While I am skeptical of this rally, I think it can hold until Obama actually obtains the title of President.  If it doesn’t, I’m willing to have some international exposure in my portfolio.  

Buy: 100 @ $27.10 ($7 commission)
Initial Investment: $2717
Sold: $27 strike @ $1.08 ( $8.25 commission)
Net Investment: $2617.25
Expected Return: 2.51%



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