CLF new weekly trade, Oct/17/2012

Trade update (Oct/19/2012):
Expired worthless giving us max of 44c for  100% profit
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I think CLF has gone up too much for the week and would like to sell premium at these levels. There are more chances that CLF will close below $45 for the week.

Trade:
Sell 1X $45 Weekly call
Buy 1X $46 Weekly call (for protection)
(Got a credit of 44c)

*Please do your own research before buying any stock listed here. Disclaimer.
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