Tuesday, April 22, 2008

Sell INTC (buy back short puts)

Sell INTC buy back short May 21 puts
I am getting out with a small profit, following my rule: "never let a profit turn into a loss." Even if it looks like the stock may hold on this unpleasant day for most stock bulls.

Positions: long HON hedged, BRK.B unhedged

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