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leemalone2k3

02/27/13 11:29 AM

#159505 RE: leemalone2k3 #159440

Short PCLN 720 calls against my Mar 700 longs at 1.75
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leemalone2k3

02/28/13 11:10 AM

#159657 RE: leemalone2k3 #159440

PCLN diagonal trade results from earlier this week.

Tuesday
Bot Mar 700c at 16.50
Sold weekly 730 calls short at 5.40 covered at .65 for +4.75 gain.

Wednesday
Short weekly 720c at 1.75, covered today at .10 for +1.65 gain.
This brings the cost of my Mar 700c down to 10.10 as of now.

Thursday
Short weekly 685c at 4.50