April 2007 Option Expiry
Today is option expiry day!
3 of my positions expired:
OXR: $1,020.5 ($2,668.20-$1,647.70) -Â this was a rolled out position from last month
SGB: $940.60
WPL: $890.60
A total of $2,851.7 for April… not bad for my few hours  of work last month and only risking $10,500.60 (Pretty soon I’ll be able to replace my income) The best thing about this is I don’t have to pay tax until the financial year! This means I can use this money and roll it back into the strategy and make more money! This is the power of compounding!
Anyways, I will be spending the next few days to open up 3 positions to replace this one. (most probably take me a few hours, or if i’m lazy just follow one of the recommendation)
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