Thursday, May 20, 2010

Silver Wheaton (SLW) Covered Call Followup

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Those that did a covered call against the Silver Wheaton (SLW)  suggested April 8th LINK for $0.65, should consider buying back those calls to close the position. Sold May $18 call for $0.65 ~ buy back to close $0.40 Ask. That places the cost basis @ $11.80 or $12.05-$0.65 + $0.40.

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