August Trades

Trade History

• Converted 49.79 USD. Questrade gave me 49.46 CAD. Withdrew by ETF to bank account.
• Queued a Sell To Open 3x YPF Covered Call Strike 15.00 @ 0.50, expiration October 20th. ROI 2.80% if it expires.

Gut Check

• Overall feeling depressed by the horrible loss of equity value. After the current calls expire, I won't be able to sell any PINK:PCXCQ (Patriot Coal) options. There's some talk about it being a grossly undervalued company at the moment, but things look so bleak.
• Portfolio value is down to about half. Yikes!