Option Investor

Option Writer Portfolio - September

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Crude oil is flat but the markets are off a bit this morning which is probably pulling the oil and gas service stocks lower. Inventories are due in five minutes. A break of $41 will serve as our risk management. We should probably close out the Puts for a target of $0.10. I am looking at adding NYSE Euronext (NYX) and Chipotle Mexican Grill (CMG) for September.

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