Friday, March 16, 2007

Quick Update

Increased P.H. Glatfelter (GLT) position by 50% with a purchase today at 15.61. Cost basis for the full position is now 15.84.

Will update later regarding what becomes of positions affected by options.

*** Edit #1 ***

Bought back the Form Factor (FORM) March $45 calls for $0.40 (gain of 0.50).

Bought back some of the SanDisk (SNDK) March $40 calls for $0.50 (gain of 0.10). The rest of the SNDK position will be called away this weekend.

Yahoo! (YHOO) closed at 29.88, so I should be getting shares put to me over the weekend, which is what I actually wanted to happen. Cost basis for the shares is effectively $29.50.

No comments: