Adjust: MO (Altria Group)

I watched MO go against me yesterday and today decided to roll half my position down to compensate for the movement.

I ended up closing down half my Apr / Jun 75 call calendars and opening up new Apr / Jun 70 call calendars.

My new adjusted cost basis for the remaining Apr / Jun 75 call calendars is a debit of 1.36.

The cost basis on my Apr / Jun 70 call calendars are a debit of 1.13

MdrNate

This entry was written by Mr Nate and posted on Thursday, March 13, 2008 and filed under Bookmark the permalink . Follow any comments here with the RSS feed for this post . Post a comment ( in a new window )  

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Mr Nate
27 year old real estate investor. I'm a veteran house flipper with over 200 deals flipped, wholesaled, assigned or otherwise acquired. I've been a long time friend and student of Mojo (www.insanemoney.com) and am following his blog and teachings about stocks. This will serve primarily as my trade journal and I'll also be adding video tutorials and helpful information for other stock traders.
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