The Money Tree

Safely Generating Income in Retirement

Archive for June 19th, 2009

Update – FRX

Posted by mounddweller on June 19, 2009

Guys / Gals,

Since I had to be away from my computer today and since FRX had jumped to within $0.50 of my strike price I decided to not take a chance on assignment and instead executed a rollout to the JUL $25 for a net credit of $0.75.  If assigned on July 18th, this will bring my total ROIC to 15.72% (31.18% annualized).

Regards,

Troy

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Update – UNG NPs

Posted by mounddweller on June 19, 2009

All,

Was able to sell the remaining 7 contracts on my UNG NP trade today for $0.35.  Now have 10 open contracts on the UNG JUL $13 puts.

Regards,

Troy

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