Tuesday, December 8, 2009

Week of Dec 7, 2009

A couple of trades since my last blog. I know I had been out for a while.

I closed my STP Nov 16 Put at $1.59, which I opened at $1.7. Minus trading fees, I made a small lost. At the same time,  I sold STP Jan 15 Put at $1.86, which is at $0.65 now.

Yesterday, I closed my STP Dec 14 Put at $0.15, which I opened at $1.25. All in, a 7% gain.

I am hoping to close my STP Dec 16 Put soon if the trend is favourable.

Ciao for now and may you all have a prosperous week.

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