Friday, January 11, 2008

1/7/08 Opened a Vertical on NILE

Bought 4 contracts of the Feb '08 80 calls for -$.93 and sold 4 contracts of the Feb '08 75 calls for +$1.60

So I'm at a +$.67 a share on 4 contracts.

Price of NILE is currently at $59.15

We'll let this one ride to expiration.

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