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Friday, March 05, 2010

 

del monte hit seeking alpha's target

I wouldn't remember who it was but someone on seeking alpha suggested. selling one $12.50 put, buying 100 shares and selling one del monte call. It looks like it hit yesterday and del monte hit $13.50. I didn't do that however my average price 11.39 and I was selling the $10 put (twice). I am not limited in my upside, I didn't want to buy unless I was dollar cost averaging at a lower price, but I have been buying name brand spaghetti sauce.

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