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Real-Money Stock Picks / Messed-Up Expectations Portfolio
|Subject: Re: Announcement of upcoming trade||Date: 5/17/2013 9:42 AM|
|Author: TMFGebinr||Number: 901 of 1268|
Please see http://boards.fool.com/announcement-of-upcoming-trade-305105..., the original post in this thread.
In pursuit of my announced strategy to exit my position in Netflix in my taxable account, when TMF's trading rules permit (no sooner than the third market day following this post), I will be rolling the covered call I wrote after my previous announcement by buying to close that call and selling to open a new call at a higher strike price and later expiration date.
This announcement is to satisfy a requirement from the Fool's legal department because I intend to sell shares of a holding of the Messed-Up Expectations portfolio without first selling the shares held by the MUE port. Note that this action is for personal, portfolio management reasons and is not a result of any change in sentiment on my part for being long Netflix. I will continue to hold Netflix shares in my Roth IRA account.
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