Lehman ABS CorTS 2001-08 7.375% General Motors (CCYPQ)

[Enterprising Investor]

Verified.

Last: 6.50 Change: +1.75 | +36.84%

When I checked pricing after a busy day at work, I remembered placing some "auto pilot" order out of the money. Turns out I placed a GTC sell order at $6.50 on 1/20/10 when MTLQ.GF was trading between 26 and 26.50, which put parity from $6.50 to $6.625.

Once I checked my account, I learned I was the seller of 1060 units at $6.50 at 15:56. MTLQ.GF closed at 27. Parity is $6.75, so I sold at 96.3 percent.

Now left with only 440 units.