FXI - Close Position

Friday, February 20th, 2009

I had originally sold a Feb $24 strike against FXI, the China ETF, when it was above $27.  It was a small return but in 2 weeks, I didn't think the markets could drop 15+%.  Today, FXI broke below $25 and is currently at $24.70ish.  Zecco has advanced option ordering ...