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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.

CENX Hourly

CENX Hourly

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