Took a new position in JPM today ITM to provide protection since bailout is not fully understood. I will accept 3.92% rather that take to large a risk at this time.
JPM BTO 300 shares @ $41.14 ($12,351.50)
STO 3 37.5 JPM Oct 08 @5.36 Income $1595.04
If Exercised 3.92%, Monthly 4.89%, Annual 59.54%
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