Tuesday, February 26, 2008

2/26/2008

The markets got another nice boost today as IBM increased their earnings outlook for 2008. Below is the current status of our covered call trades for the month of March. To see the specifics of the trade, please review previous postings. These postings are for educational purposes only. All trading involves risk. Please do not invest money you cannot afford to loose.

Account based on $25,000
Total stock purchase - $24,496
Call premium - $2575
Return 10.1%
Current value of stock - $25,197
Net month to date account value - $28,276

Talk to you tomorrow.

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