Retirement Income

Stocks and Options

May 6th, 2008 at 12:05 pm

Rolled out and up May08 NYSE Group, Inc. - NYX

This morning I BTC 2 NYX May08 70 Covered Calls and STO 2 NYX Sep08 75 Covered Calls for a net deposit of $461.01 in an IRA account.

NYX has been languishing until recently.  I sold the May08 70 Calls thinking they would probably expire worthless.  I guess they may have but with the run up of 3.27 to over $71 as I write this I got a little nervous and decided to roll these calls out and up.  I originally was put these NYX shares at 95 and with this latest transaction I now own them for $81.01.

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