Archive for the ‘Rick Position - Open Orders’ Category

DRYS - Open Position

Thursday, January 29th, 2009

Yesterday I initiated a position in DRYS.  Today I am terrified that I own it.  Stupid.  I'm looking for ideas on this one. Buy: 300 @ $11.95 ($7 commission) Initial Investment: $3592.00 Sold: $10 strike @ $2.60 ( $10.75 commission) Net Investment: $2822.75 Expected Return: 5.42% (not anymore) Anyone got advice on what to do?

UYG - Open Orders

Thursday, December 11th, 2008

I believe that I will not get taken out of my 200 shares of UYG at $7.00 this month.  Knowing that I will be holding these for a while, I placed another order to buy 200 more shares of uyg at $4.00.  Should I get taken out, I will look ...