Tuesday, August 25, 2009

New Trades - NSC, NYX, UNG, CHU - 8/25/09

I will be out of town most of this week so if I make a trade I will just do a quick entry without the risk management details.

Made the following Covered Call trades on existing shares Monday -

NYX - $28 Strike
UNG - $12 Strike
CHU - $15 Strike (I bought an additional 300 shares of this one and I am now writing calls on 500 shares).

Made the following NP positions Monday -

NSC - $45

I am looking for an entry point for NPs on IPI and NUE this week but I am hoping for a pull back first.

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