Re: Positions Thread
Bought more NILE this morning at $79.72
Sold 4 OCT 85 covered calls at $2.50 (JWUJQ)
Ideally these calls will expire worthless and my stock will reach my target of $85.50 early next week.
Looks like I bought Amazon one day early and may need to hold it a bit longer than expected, darn those analyst downgrades. Guess I can't complain about them too much, that is what allowed me to get into NILE at a good price.
Jimbo
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