In May I purchased 1000 shares of TTMI for $ 16.85 per share. Then I sold 10 contracts of SCO 17.50 Sept, 2011 for $ 1.50 and then I sold 10 contracts of SPO 15.00 Sept, 2011 for .95. It would seem that my net cost per share of 2000 share owned after Sept 18, 2011 is $ 14.72 per share. Is the recent trade suggesting that I only sell calls on half of my position that were acquired through the two sold options, as that would then get close to the capital at risk amount of $ 10.35 per share mentioned in the 9/19/2011 alert on just 1/2 of the position? Thank you for help. rrboydofnewport
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