Tuesday, May 1, 2007

Sold EURUSD call warrants.

Sold EURUSD call warrants.
Got the timing wrong on the purchase of this hedge
against the dollar falling.
Gross Profit = 7.5%

EUR USD is likely to continue trend
but these warrants expire on 15th june

Stock = (SX22) SOCIETE GENERALE CALL WTS 15/06/07EUSD E0.1 GBX1.35 C
Exchange = London Stock Exchange (Agent)
Currency = GBP
Type = Sell to Close
Quantity = 3000
Price = 11.6p
Gross = £348.00cr
Net = £325.50cr

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