Wednesday, December 19, 2012

Short FOLD Dec 22 '12 $5 Put @ $0.30...


Hoping it will expire worthless... 


Current market price circa $5.70...


If I get assigned, my purchase price would be $4.70.


If options expire, premium collection would be 6% ROI on locked up capital.



P.S. Ascending triangle formation on 5-day chart...



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