Archive for January, 2009

AA - Open Position

Monday, January 5th, 2009

Today I opened a position in AA. I entered the buy/write transaction on Friday and didn't get filled.  I got filled this morning.  The details: Buy: 200 @ $11.67 ($0 commission) Initial Investment: $2334 Sold: $10 strike @ $1.95 ( $5.50 commission) Net Investment: $1949.50 Expected Return: 2.30% I am ok with holding this for a ...

USO - Open Position

Friday, January 2nd, 2009

Today I opened a position in USO.  I got involved in this last month and am going to take the plunge again.  The details: Buy: 100 @ $33.15 ($0 commission) Initial Investment: $3315 Sold: $28 strike @ $5.80 ( $5 commission) Net Investment: $2740 Expected Return: 2.00% I am ok with holding this etf for a ...