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Joe Stocks

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Alias Born 02/24/2002

Joe Stocks

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Re: None

Tuesday, 03/25/2008 11:11:00 AM

Tuesday, March 25, 2008 11:11:00 AM

Post# of 261
New port trade. Mar 25 LDK calls expired worthless for +1.80. I have another 100 shares in LDK with Apr 20's sold. I bought those back today as the premium was getting squeezed out and sold 2 contracts on the 200 LDK shares for the APR 25's for 2.30.

If this was not my 'Covered call only' post I would have probably held off as I think Solar may have the wind behgind their sails and could go higher before selling the calls. Yet, that thinking has gotten me in trouble before and the holdings of this port are to stay 'rented' 100% of the time.

Joe

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