1. I closed out my protection this AM, considering I have less to protect.
2. Purchased ATI on the decline. (I wish I can say I purchased it on its +1.50 decline, but that didn't happen.) I want to be exposed to ATI as it reports earnings. Please keep in mind, this stock can move fiercely in either direction. The only negative chatter that I have been hearing about the company is concern over its elevated inventory levels. A very real concern, but if we are entering a aerospace boom the elevated levels are justified.
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