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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (39134)10/18/2012 3:54:41 PM
From: Keith Feral1 Recommendation  Read Replies (1) | Respond to of 218883
 
I always like to lighten up heading into expiration, especially if a stock is trading just above the strike level. Took a profit on some JPM this morning at $43.25 thinking they would peg it closer to $43 for expiration. If it doesn't hold $43 tomorrow, I'll unload some more. Gotta use these rallies as an opportunity to replace dividends with capital gains.