Random posts about anything I've found interesting.
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Friday, March 12, 2010
Quick Update - Covered Calls
Sold Goldman Sachs (GS) March $175 calls at $2.60 covering most of the position. No real reason other than getting a bit cautious in the face of a quick run-up in the markets. If the shares are called away, then the plan is to sell the $175 April puts.