I was able to roll it up $2 for a $0.20 gain, which increase both aXIRR and aROI over the original position. Seemed like a good move. However, the stock price has moved up $5 to $32.90, so the position is still ITM quite a ways.
Wednesday, December 31, 2008
USO -- Roll Position Up and Out
The USO position was rolled up and out:
I was able to roll it up $2 for a $0.20 gain, which increase both aXIRR and aROI over the original position. Seemed like a good move. However, the stock price has moved up $5 to $32.90, so the position is still ITM quite a ways.
I was able to roll it up $2 for a $0.20 gain, which increase both aXIRR and aROI over the original position. Seemed like a good move. However, the stock price has moved up $5 to $32.90, so the position is still ITM quite a ways.
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