Thursday, October 9, 2008

Adjustment MS - Morgan Stanley

I have improved my downside position on MS. I still think it will bounce but slower than originally anticipated.

MS BTO 200 shares @$17.77 ($3563.65)
STO 2 20 Oct 08 @2.70 Income $527.04
BTC 2 20 Oct 08 @1.1 ($232.95)
STO 2 17.5 Oct 08 @ 1.90 Income $367.04
If Exercised 16.49%, Monthly 49.46%, Annual 601.77%

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