Wednesday, November 01, 2006

Goodbye SUNW

Closed out the SUNW trade. Yeah, the trade that was supposed to be a covered call play. Not a huge profit, but a profit is a profit (after taxes, too!). Now the proceeds will get shuffled into an international fund. I have one in mind, but I need to revisit my selection to make sure it is still reasonable. The fund has gone up about $5/share since I started looking at it. They only have a $2500 minimum but it may be wiser to spread the funds around to some of my other investments first. We'll see.

And the SUNW calls didn't do enough to make it worthwhile anyway. Oh well. Maybe at the end of this quarter.

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