CVX Exit

I pulled off my CVX calls at 1.75.   The traded yield about a $900 gain which is much better than where it was at Monday morning.  Given the proximity to the 110 strike, time decay will really kick in if the market and CVX flatline for a bit.  I continue to hold DE as long as it remains about resistance shown yesterday.

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Posted on January 3, 2013, in Jeffs 3k-100k. Bookmark the permalink. Leave a comment.

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