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	<title>Well Puts &#187; WNR</title>
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	<description>Selling put and call options for consistent profits in all market conditions.</description>
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		<title>Buy to Open WNR Jan 7.50 Calls</title>
		<link>http://www.wellputs.com/2009/10/buy-to-open-wnr-jan-7-50-calls/</link>
		<comments>http://www.wellputs.com/2009/10/buy-to-open-wnr-jan-7-50-calls/#comments</comments>
		<pubDate>Tue, 20 Oct 2009 21:51:36 +0000</pubDate>
		<dc:creator>Paul</dc:creator>
				<category><![CDATA[Trades]]></category>
		<category><![CDATA[WNR]]></category>

		<guid isPermaLink="false">http://www.wellputs.com/?p=310</guid>
		<description><![CDATA[I bought some Western Refining Inc. (WNR) Jan 2011 LEAPS before close. I&#8217;m planning to do a covered-call with LEAPS strategy on this one. I felt there just wasn&#8217;t a good way to sell puts based on the current strike prices and premiums. WNR has a flat/rising 50 day SMA and higher volume on recent [...]]]></description>
			<content:encoded><![CDATA[<p>I bought some Western Refining Inc. (WNR) Jan 2011 LEAPS before close. I&#8217;m planning to do a covered-call with LEAPS strategy on this one. I felt there just wasn&#8217;t a good way to sell puts based on the current strike prices and premiums. </p>
<p>WNR has a flat/rising 50 day SMA and higher volume on recent rallies.</p>
<div id="attachment_311" class="wp-caption alignnone" style="width: 510px"><a href="http://www.wellputs.com/wp-content/uploads/2009/10/WNR-Hourly.jpg"><img src="http://www.wellputs.com/wp-content/uploads/2009/10/WNR-Hourly-500x373.jpg" alt="WNR Hourly" title="WNR-Hourly" width="500" height="373" class="size-large wp-image-311" /></a><p class="wp-caption-text">WNR Hourly</p></div>
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