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Monday, December 8, 2008
Visa Options Paid Off- Update to November 28 Post
Today Visa traded up as high as $57.67 per share, I sold all but 5 of my contracts (December 55 strike calls) for $330 per contract. Yes I sold them for more than quadruple my cost. Just to reiterate a point stated in several of my previous posts, if you can risk your money you should look at trading options versus trading common shares.
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