Companhia Vale Do Rio Doce Trade
Chart courtesy of StockCharts.com Companhia Vale Do Rio Doce
Title: Trade: Companhia Vale Do Rio Doce
Stock: Companhia Vale Do Rio Doce
Symbol: RIO
Option Symbol: RIOFJ & RIOPI
Reason for Initiation: Uptrending. Fractal Buy
Action: Bought Call & Sold Put
Details: Call: Strike @ 50, expiration Jun, Bought @ 3.10 on 23rd Feb 06. Sold @ 2.20 on 28 Feb. Put: Strike @45, expiration Apr, Sold @ 1.35 on 23rd Feb 06. Bought @ 1.60 on 28 Feb.
Result: -ve
Reason for Closing: Outcome different from expectations.
Comment: Cut Loss.
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