Continuing with my new strategy which was described in my previous post on the SPY call. I decided to roll it over to an October call. For this call to become appreciating the SPY would have to rise 3% from its current levels (from 107 -> 110). The purchase info is below:
8/24/2009 -- Bought 1 $106 SPY September Call @ 1.35
9/16/2009 -- Sold 1 $106 SPY September Call @ 0.58
9/16/2009 -- Bought 1 $110 SPY October Call @ 0.82
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