Close RIO Nov 32.50 and 35 Calls @ $3.30 and $2.00 respectively.

Close RIO Nov 32.50 and 35 Calls @ $3.30 and $2.00 respectively.

The stock, RIO, took a dramatic turn around this afternoon after posting some decent gains. I decided to close the position to avoid losses.

Profit/Loss on Nov 32.50 Call: +$2,000.00

Profit/Loss on Nov 35.00 Call: +$2,000.00

Total gain: +$4,000.00

Commissions: $450.00

Account Balance: $262,612.34

Joel Abiola Olatinwo