Out C for $150 profit

I took the slight up on C (Citigroup) and sold my calls and made a little profit.  Nothing to be bragging about, but again, any win is better than a loss.  This was a quick 32% profit, I wish I could do this everyday.

The market is going down, at least until Bernanke speaks about something.  Well, maybe it will be a close trading range today, but I see downside possibility.

Being on the right side of the market after the announcements will guarantee a great profit.

Anyway, here’s the dirt on C.  The profit percentage was excellent, it was just a problem of not having enough shares.  Maybe today I’ll do the same thing, only with 50 options or something.

Sold:
C Mar08 $30 call (CCF), 5 @ $1.32
Entered 1/9 @ $1.00, exited 1/10 @ $1.32
  32% profit, $150.00
  stock price when entered $26.67
  stock price when exited $27.60