Monday, March 26, 2007

Sell Remaining Bunge options

Sell the remaining BGDP.X Bunge April $80 calls at $3.40 or better, locking in a 44.68% gain in about one month. As we intended, Bunge did break well into the money today and our options have jumped over 40% in one trading session.

We'll take this gain off the table now and close out our BG option position.

More to come,


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