Archive for January, 2010
Saturday, January 23rd, 2010
More Apache Calls

With Apache under 104 per share and being short the March call at 120, I am thinking that my call position is going to expire worthless.
Therefore, I sold the July call on Apache with a strike of 120 to open my
position for $2.50 per share. These calls were sold to open my position. I sold [...]