Tuesday, September 29, 2015

CLNE: Expiration of September 20 Call Option

Common Cents' CLNE $6 September 20 Call Option expired...worthless!  This call option was a mistake upon a mistake.  It was purchased with little analysis performed other than hope for an increase in CLNE share price.  Lesson learned...hopefully.

Common Cents is continuing to test the use of options in its portfolio, to dismal performance so far.  CC will continue to develop an options strategy; however, it has not yet been determined that options investing will enhance portfolio returns on a consistent basis.

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