Monday, September 16, 2013

Easy Come, Easy Go...

Well folks, this is going to be short and sweet...

Similar to my previous post, SHLD has continued its steady march upward.  So today I trimmed my position yet again.  Specifically, I sold 10 SHLD Jan 2015 $60 contracts at $11.70 (for a total proceeds of $11,688).  Given that I bought these contracts less than a month ago at $2.95 (http://mevsemt.blogspot.com/2013/08/call-me-crazy.html) this was a nice little gain!

Questions? Comments? Email mevsemt@gmail.com