Well Puts

I sold to open some October 7.50 covered calls on a small CardioNet, Inc. (BEAT) position. BEAT has been range-bound between $7.80 and $6.50 for nearly 2 months. On strength I will sell Oct or Nov 7.50 puts. This is a 30 minute chart. I normally post hourly bars.

BEAT 30 Minute

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