Looks like I will have to go into management for F, LCC, PMI, TIE and VLO. Sell Jan 09 or 10 lower options at a minimum of 10% return and wait for them to drop in price to net about 4%. Requires I watch closely incase stock reverses and starts back up (price crosses over) short term MA). It stock reverses I buy back for what ever return is available and hope it is not for a negative return.
Other stocks in holding will be sold for July covered calls and I will determine what new postions to enter. I may not enter any on Monday if we are in a down market.
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