Thursday, August 27, 2009

Sell IWM (buy back puts)

Buy back IWM Sep quarter 47 puts, stock around 57.47.
One of my rules is: “Never let a profit turn into a loss.” So, I am taking my small profit and running from today's decline.

Readers might say that there are times I have bent the rule, this time I am sticking to it.

Flat

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