RE:M

Posted by Jack Haddad on December 27, 2007 at 3:08 pm

Added 1 block at 27.09 to my core holding, bringing the total to 28500 shares.  On today’s purchase, I wrote 100 Jan strike 25 calls at 1.50/contract– which in my opinion is very rich in premium.  I’m very adamant that the shares will close above 25 by Jan expiration, thus leaving me with a nice profit.

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