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royg1927

06/19/08 2:37 PM

#1957 RE: royg1927 #1950

Sold IWM June 74 puts at .91 for +.07 = +7%, net of commissions.

Would have done much better to move into calls, but pleased to have escaped with any green at all.

This strike reached almost a dollar before IWM reversed upward after touching yesterday's close. Fortunate to get away with a bit of profit.


Roy