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OJ, Cotton and Softs Forum

Stopped with modest profit
By:cal
Date: Friday, 21 September 2007, 4:38 pm

Hi, Juiceman,

I was pleased with the lower opening and placed an early buy stop at 125.50 Nov. I retain the now far-out-of-the-money 110 put, and I'll be ready to short on Monday again if the opportunity presents itself.

I am eager to see some time value depreciation on the nearer puts if this price stays near it's current level.

Have a good weekend.