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Tex

12/11/07 3:22 PM

#75584 RE: KCMW #75583

re painless

Sure, I could have done *better* just holding w/o calls this time (assuming prices hold until expiry), but that was the deal on the table and I took it. No regrets.

What hurt me was watching the option go so far into the money that the premium I took looked really small. But I agree: there was a deal on the table, you took it, and you made money on it, so there's no cause for tears.

I guess my effort to time an end-of-year dip just got easier: it's started!

Take care,
--Tex.