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Bought Back CRS Puts

September 4th, 2009

I bought-to-close the CRS 17.50 puts I sold back in August. I wasn’t comfortable holding through expiration. I’m pretty happy with this trade – sold at .80 and bought back at .10 for a net return of 2.77% in one month. *

CRS-Hourly

CRS-Hourly

* Return is based on the premium I received from the sale of the options (less commissions) and the capital set aside to pay for their possible assignment.

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