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Nov CMI BCS/6.4% Profit

Published on November 1, 2006

Nov CMI BCS/6.4% Profit

November 1, 2006

As mentioned y’day, CMI dipped to as low as $124.1 today (till 10:50am US EST). I didn’t get a fill to buyback at $0.70/contract, so decided to bid a bit higher at purchased at $0.85/contract. That results in $0.25/$3.90 in 1 night holding period i.e. 6.4% profit.

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