Tuesday, March 2, 2010

Speculation Trade

I did the (ITMN) ITM CC that IWO suggested. Sold the Mar $12.50, cost average of $9.95 after the call. I did 5 contracts. I'll take the extreme risk for a possible 25% return for 3 weeks. The max risk is $5,000 and that is allocated to the pure speculation section of my portfolio that I've roughly got targeted for 10%, or $23,000.

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