Tuesday, February 19, 2008

Sold: VDSI

Stock Option: VDSI JUN 20 Call
Date Bought: 2/11/2008
Date Sold: 2/19/2008
Units: 100
Buy Price: 2
Commission: 26
Total Investment: 226
Final Price: 2.4
Final Value: 240
Return: 14
Total Return (%): 6.194690265

Could have done better because VDSI was clearly on the uptrend. But the price of the option kept going down. Felt it was too high of a risk to depend on the profits release this Thursday so I sold it off at a rather low price today, especially since tomorrow I will be busy all day and won't have the time to look at the market.

Ah well, still locked it on a 6% profit. Not too shabby for 8 days.

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