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Wednesday, August 13, 2008

Matt's Trade Log - 8/13/08

Entered into two positions for RIG today:
  • Buy 2 NOV08 120 call
  • Sell 1 SEP08 120/125 vertical put spread
Got a buy signal for RIG today so I went in. Today was a good day for RIG. The plan is to hold the put spread for about a month. For the calls, I plan to keep them until I get a sell signal, although I might keep one to sell diagonals against for a couple of months.
Posted by Matt Ryan at 3:40 PM Read the Disclaimer.
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