Wednesday, September 5, 2012

Well my shares of FSLR got smoked last week.  Down 6% on Wed, down another 18% on Thurs, and then after a slight up day on Friday, went right back down another 7% on Tuesday.  I ended up selling them at $18.50 as they reached my threshold of pain.

I switched back to GMCR and bought 400 shares at $23.85, for an investment of $9550.
Then I sold the $24 calls for $0.45.
I'll make $166.30 if not assigned and add another $40 if assigned.

The late assignment last Monday really hurt.

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