Tuesday, January 20th, 2009
I had a limit order in to sell Feb $42 calls @ $2 each. Somehow it hit this morning and I got it off. That premium really gives my position a kick in the pants (annual percentage wise).
Purchased: 100 @ 42.50
Initial Option Income: $1.40
Feb Option Income: $2.00
Other Option Income: $0.00
Expected ...
Posted in Rick Position - Update | No Comments »
Wednesday, January 7th, 2009
I opened a position in TBT today. Its an ultra short of Lehman 20 year treasuries. This falls below my 20% annual threshold but this is a position that I am willing to hold on to because bond yields won't go much lower than what they were a month ago ...
Posted in Rick Position - New | No Comments »
