Friday, December 09, 2005

Update as of Dec 9, 2005

I bought Apple shares @ 73.80 and sold Dec $75 covered calls for $1.05. Either these options will be called out or I will get to keep the premium. I am ok either way.

MVCO broke out of cup and handle. Too bad, I just closed my trade few days ago! I am not going to get back in, I have money tied up in other trades.

CTSH and BRCM trades are doing ok. Mr. Google is up and running, just keep the momentum going until I buy back the puts!

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