Monday, September 14, 2009

A little action

I sold some naked puts today just trying to generate some revenue.
(5) Sep GG $40 @ .61 = $305
(10) Oct VLO $19 @ .85 = $850
(5) Oct UA $25 @ .75 = $375

Best case scenario is $1530 or a 2.97% one-month return on total risk of $51,500.

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