The Money Tree

Safely Generating Income in Retirement

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

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: