On 10/2/08, I entered as follows:
AIG- Bought Jan '10 10 leap calls & sold Oct 5 calls against them for total debit of $0.64.
C- Bought Jan '10 30 leap calls & sold Oct 22.5 calls against them for total debit of $0.85.
Today I rolled my October shorts to November to lock in profits.
AIG- I rolled Oct 5 call to Nov 6 call for a credit of $1.06.
C- I rolled Oct 22.5 call to Nov 22.5 call for a credit of $2.89.
So my new cost basis is:
AIG- $0.64 debit + 1.06 credit = $1.70
C- $0.85 debit + $2.89= $2.04
So now these are both free trades as I have made more than my original costs.
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