Re: Positions Thread
Went out of town for a few days to relax and came back to a screwy market. My ZMH investigation was nothing short of dumfounding, can't believe they missed so badly. Had a downside sell order in place for it while I was gone and thankfully it executed but man does that stock need some serious help.
My NILE Oct options expired so I still own it, sold Nov 85 covered calls this morning. Thinking about keeping this stock for a while, I'm liking the way it seems to trade in a good range around the $80 mark lately. Have been doing the same thing since I purchased UA and that has been profitable.
Well now on to my BAC, at least they fired someone lol, anyway I suppose I'll have to be satisfied with it's dividend yield unless the FED surprises us all next week with some more voodoo magic incantation like last month.
Jimbo
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