Thursday, June 3, 2010

Out of RIG +38%

I sold the RIG July 60 Call options today for $1.98 for 38% gain. The calls did move higher to about $2.10 but I'm good with what I got. $2.00 was my target and it was hit. I had placed my sell order just below the target at 1.98.

All Cash right now with the exception of some positions in my IRA.

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