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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 (1295)8/16/2008 3:30:20 AM
From: ajwwong   of 2098
 
ok... so... just more for the record...

I made $860 off of selling two AUG 08 380 covered calls @4.30 which is no big deal, but still nice pocket change:

-2 AUG 08 380 C

And I've got another four SEP 08 390 covered calls @6.70

-4 SEP 08 390 C

... which... if they expire should give me $2,680. Again, no big deal, but it's nice to make *some* money in this stagnant market.

i think baidu might just trade within a range for a while... probably until earnings approaches... no catalysts that i can see...

good luck everyone!
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