Betting that the rally will last the week


Tuesday, April 13th, 2010 | Vance Harwood

Did covered calls on SPY,  buying SPY at 119.70,  selling to open April 119 Calls at 1.11.   Net investment/ breakeven is 118.59.   Ended up doing sequential market orders because combo order execution was not working well at Schwab.  Has the feel that actual humans are involved in the process–not a good thing with a moving market.

Tuesday, April 13th, 2010 | Vance Harwood
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