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S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : GNK - buying stock selling call

Date January 25, 2010  Edited: January 25, 2010    Comments Comments (1)    Rate this post Recommend This Post (51)   
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Buying GNK with limit order of 21.74 and selling Feb 23 call for 80 cents - potential down side protection to 21 and upside to 23.50 after paying for my trading costs
Added to this web site at close with buy price around 22.26 - 1.7% higher versus my trade account
Tags : GNK   EXM   DRYS  

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Author rjm77me     Date March 3, 2010 19:04 Abuse this post Report Abuse
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This made money for last two months - still holding per the covered call write plan
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