Retirement Income

Stocks and Options

March 27th, 2008 at 12:15 pm

Sold Jun08 Call on Friedman, Billings, Ramsey Group, Inc. – FBR

I sold 1 FBR Jun08 2.50 Call for $6.25 in an IRA.

Yes, I said $6.25.  I have other FBR calls that expire in Jun08 which is how I picked the month.  I could have let the stock just sit there until I could consolidated it with the other FBR stock and sell calls in June but thought that $6.25 is better than nothing.  Sometimes it is not about the big win but just about winning period.  :-)

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