Thursday, April 2, 2009

4/6

USO filled the 3/30 gap and thinking that having half the premium gone from the calls I decided to exit the trades for $.60(+57%) and $0.65(+59%) gain.

4/2

I sold two 32C calls with 15 days left to expiration for $1.1 and $1.05 in order to bring down the cost of shares of USO which I own when I was assigned on the 42 PUT. 

USO closed @30.98 (+8.4%)


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