CENX Trade Adjustment
November 12th, 2009
I closed out the CENX (Century Aluminum Co.) November 10 puts I was short. I was able to buy them back at break-even just over a month later. I have an order in to replace them with December 7.50 puts but it hasn’t filled as of this writing.
CENX is back below a declining 50-day SMA and I didn’t want to risk assignment at this point.
