Tuesday, December 2, 2008

CPSL

Sold new calls against my CPSL stock. CPSL, like the rest of the market has taken a beating. My long term outlook is still good, financial statements still look intact. My plan is to slowly buy up more shares and lower my cost basis, and continue to sell what calls I can, though their yield has dropped off. To be expected though.

Looking to see what the markets going to do today after yesterdays slump.