Friday, January 05, 2007

Roll down TXI, Buy WDC

Roll down the TXI call, I don't like overall market action. A roll down involves moving the strike price lower, this reduces exposure and limits upside. Buy the Feb 70 call, sell the Feb 65 call. TXI got a mention at Motley Fool (link) as an "all-star" stock.

Buy/write on WDC Western Digital. Stock is lower on an analyst downgrade. Windows Vista has huge capacity requirements, so many folks that want to upgrade to that operating system will likely have to upgrade their hard drives.

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