Monday, May 4, 2009

CPSL Exploded

The last few trading days, CPSL has absolutely exploded. It is up from around 1.50 to above 2.50. I didn't think I would see those levels this early in the year, but it's happened.

I am short calls on my stock at 2.50 for June and September, so I expect this trend to hold, and get called out on my stock, which is the bulk of my portfolio. All of which is fine with me.