I sold five contracts on FCG for Dec 18 2010 expiry at $18 strike for a cool $1.50 to rake in $735 or 8.33% in about 6 months. Sure beats interest rates at any bank.
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I just started following your blog. Are these calls or puts? Thanks,
Curtis
Sold Calls. If FCG is above $18 on Dec 18 I will be forced to sell my shares, if under $18, I will keep stock and sell again.