Unless CCJ hits $55, or ENER hits $70, or CSIQ hits $45 (these are all >10% moves), and I take profits as planned on the July FSLR’s…all before tomorrow, and since I closed a 3 week trace on FCX…then I add 1.4% to my bottom line this month, or generated 5.7% on cash tied up…however you want to look at it.
All from shorting puts, for less than a month.
Which is why, I started http://FivePerFive.wordpress.com …read my logic on the ‘about page’.
And this doesn’t even include my buy-write retirement account where I was short puts to aquire RSX, and never got hit…or wrote out of the money $36’s holding HXU.to
booyah baby.