15 June 2007

Sold call option UBS

There are two reasons why I bought UBS on NYSE yesterday, not on the Swiss market:

  1. Commissions and fees are lower
  2. Options trade at better prices

Today, I sell the call option UBSGM at USD 0.85 per share, July/65. If it does not get exercised – and I am speculating that it won’t – this will reduce my cost per share.

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