Portfolio Update: OTO 50% Executed

Yesterday I posted that I was setting up a One-Triggers-Other order with the Capital Product Partners, LP options. Today, the option I sold against my shares of CPLP was bought to close for a lose to me. That is the first half of the OTO. The second part of the OTO is the order to sell to open the CPLP10Aug10 Call option against my shares of CPLP. The order is to sell at a higher limit value of $0.70 per contract share. Less the cost of commission that is a premium of about $64.39. It is just a matter of waiting to see if it will gain enough value to sell at that price. Because of how far out it is, I will probably have to wait a few weeks. That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com