Thursday, June 25, 2009

25-June SPY Buy write

Bought SPY at 91.35 Wrote July 91 calls SWGGM at 2.38, Debit of 88.97 Messed around a bit putting in a debit order, even though the two products only had spreads of .01. Ended up doing sequencial limit orders at market price. The delay cost an additional debit of around .05 or so.

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