With the jump in TRA based on its earnings report, I decided to BTC my Aug 45 position and STO an Aug 50 position. Summary of TRA position below:
TRA
BTO 300 shares TRA ($14,625.95)
STO 3 45 Aug 08 @ 5.90 Income $1,757.04
BTC 3 45 Aug08 @ 7.00 ($2,112.95)
STO 3 50 Aug08 @ 3.60 Income $1067.04
If Exercised net 7.33% - Monthly 10.00%, Annual 121.62%
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