Sold The MRVL Calls

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June 29, 2007

Got out at 1.65. Locked in 14%. I got in at 1.4 and mostly at 1.45. MRVL is breaking out today. Selling these calls could have been a very bad trade. The August 17.5 calls are up over 80% today. My account value is at a new high and its a Friday. I’ll definitely look to get back into MRVL if there is a pullback. I don’t think we’ll see one Monday though.


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