Monday, August 10, 2009

Partial Closeout - 8/10/09 - IPI

Decided to take 1/2 of my position off the table for IPI August Naked Puts. Bought back 3 NPs at 50 cents each. Sold them for $1.45 each just 10 days ago. 95 cent per share profit on 300 shares is not bad for 10 days (139% annualized).
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