Tuesday, July 28, 2009

The CME Trade - Day One

CME finished the day at $266.56 (after being purchased at $267.37) for a loss today of $0.81 a share.

The August $260 call finished at $15.80, which would be a loss of $0.60 a contract.

I will report on these trades daily until I decide that I would sell the call option if I had bought it. The idea is to follow how call options behave vs. a position in the underlying.

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