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Writing CGA February Puts

December 23rd, 2009

Sell to open China Green Agriculture, Inc. (CGA) February 12.50 Puts. CGA pulled back to support at about $14.70, which was also support at a rising 50 day SMA. I tried the 15 strike but my order didn’t fill. I’m much more comfortable with the 12.50 strike.

CGA Daily

CGA Daily

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