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Tuesday, October 26, 2010

New position - HPQ options

Reentering long on HPQ Dec 45 calls at 0.71
Stock looks like it has broken the downtrend line but it might take a while to turnaround.
So decided to enter with cheaper options with a bit more time than front month options.
If stock gets to 45 by the Nov 20th or so, we can easily see a doubler here.

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