May Trades

Trade History:

• Sold 5x DNDN Covered Call Strike 14.00 @ 0.25, expiration November 17th
• Sold 8x PCX Covered Call Strike 6.00 @ 0.17, expiration September 22nd
• Sold 8x RENN Covered Call Strike 7.00 @ 0.30, expiration October 20th
• Sold 3x YPF Covered Call Strike 15.00 @ 0.50, expiration July 21st
• Queued a buy for 3x CIM @ 2.75

Gut Check:

• Implementing the new trading strategy to remove speculation and spend less time watching the market instead of trying not to get assigned.
• Feeling nervous because this will commit me for several months for some of these stocks. There may be severe regret if they pop up from their current slump and shoot to fantastic values.
• DNDN sold at 0.25, but when I checked the quotes shortly after, it was in the ~0.30 range! Don't know why I got such a lousy price. :-( And for some reason it is showing 0.85 to close the position.
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