Monday, April 13, 2009

Closing all call position

The market is very strong. Investors are buying on every dip. To eliminate the risk associated with big upward movement, I just closed the last Apr/May 460/480 call for a credit of $5.1.

Total credit for the current portfolio = $1270

Right now, I don't have any upside risk, but i should have a black swan risk that is very unlikely to happen.

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