NOK revisited
Bought NOK at 15.71 avg price on 8/16/05. Sold yesterday 11/2/05 at 17.10. Invested 47,132.97 and made 4,153.89 from the stock and 566.48 from selling the Oct. call at 17.50 strike. Profit of about 10% over 2.5 months, which is about 4% per month. If you could keep that up, it would be 48% a year. But I doubt you can keep that up.
Sorry. My prior post was too wordy. Today NOK kept going up to 17.40. So I left about $900 on the table. Am looking at NOK, AVP, PFE, WMT right now. Though NOK seems a bit high. Will post some analysis of NOK in the coming days. |
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