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Thursday, June 21, 2012

June Trades

Trades: NONE

Gut Check:

  • Stocks still down, but there were some spikes upward in there. If I had set my strikes incorrectly, I might have lost money. Still feels really passive not to take some risks, but at the same time, I'm not obsessively watching the markets. Starting to wonder if it's a good tradeoff by making a (lot) less money in exchange for safety.
  • CIM dropped a lot after announcing a 2 cent decline in dividends (was 11 cents in the first quarter). No useful Covered Calls to write at this time. Waiting for it to go up again. IF it goes up again.


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