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Technology Stocks : Baidu (BIDU)

BIDU 123.85

-0.4%

3:59 PM EST

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To: ajwwong who wrote (1277)	6/20/2008 1:54:17 PM
From: ajwwong	Read Replies (1) of 2098

So, thanks for the reply, Paul, and just to follow up on my previous post -- to kind of keep track as a bit of a public record. It looks like my covered calls are expiring today... so this was a good play. I know it's probably pocket change to y'all but I ended up making about $3,000 of these options... which is awesome for me... cool! After some initial bumpy plays, I'm slowly getting the hang of options. Now, I've also got covered calls written at -1 JUL 08 390 -1 JUL 08 400 -2 JUL 08 420 I think these will probably be safe, but if they get called, that's ok too, since I'm pretty heavily overweight in Baidu, anyhow and it might be good to lighten up. Good luck everyone.

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