Option Trading Articles: Re: [ConservativeOptionStrategies] My APR-2010 CC Trades

Thursday, April 1, 2010

Re: [ConservativeOptionStrategies] My APR-2010 CC Trades - (FXI)

Gilbert,

I'm fairly new to covered calls and usually on read, and read, and read some more. But can I ask why you set the stop loss so tight?

Alan

From: Gilbert Arevalo <gilbert_arevalo@rocketmail.com>
To: CoveredCallFund-Mentoring@yahoogroups.com
Cc: ConservativeOptionStrategies@yahoogroups.com
Sent: Thu, April 1, 2010 8:59:56 AM
Subject: [ConservativeOptionStrategies] My APR-2010 CC Trades - (FXI)

Week of April 3, 2010

Thursday, April 1, 2010
9:30 am EST

Bought 100 shares of FXI (iShares FTSE/Xinhua China 25 Index) at $42.91 (ask).

Sold (1) FXI Apr 43 (FXI1017D43) call option contract at $0.79 (bid).

Stop Loss: $42.12

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
My JAN-2010 to MAR-2010 CC Trades -

http://finance. groups.yahoo. com/group/ ConservativeOpti onStrategies/ message/5726

Also see "KCM 2010 Trading History.doc" in the CoveredCallFund- Mentoring Group files section.
Join my new Y! Group to get these alerts in "real-time" and all CC Fund management training material w/ mentoring & auto-trade, available now.

G

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