Tuesday, October 03, 2006

Applied Materials, Inc. (AMAT) Trade 10-2-06

On 10-2 I bought AMAT Jan 08 20 put option. I got in at $3.40 an option. My target date for exiting this trade is in March.

UPDATE: I have added to this position. My cost basis is now $2.70

UPDATE 3-14-07: I closed out this trade today. It just isn't going how I wanted it to, and March was my close target. So this trade ended up being a .07% Loss.

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