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Strategies & Market Trends : Options
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To: SecularBull who wrote (685)1/5/2000 4:47:00 PM
From: Poet  Read Replies (3) of 8096
 
LOL, LoD!

I try not to make calculations like that (but can't help myself.) <g> I bought a BMW Z3 roadster last week, then pulled my back muscles out and have been in bed since Saturday. I can't drive the thing, but it helps with the guilt when I ask my husband to do errands in it.

Here's what I did today:

Bought the following calls:

10 QCOM Feb 130's, sold too soon for a 2k profit.
10 YHOO Feb 400's (to average down from my initial buys yesterday) A split play.
5 YHOO April 400's (split play, these options will spilt as well)
10 JDSU Mar 185 (to average down from initial buys yesterday) A split play.

Sold the following calls:

25 QCOM Feb 112.5's ($70k profit, used the proceeds to get into YHOO and JDSU above)

I'm holding a bunch more QCOM Feb calls and am looking to exit them by the end of January.
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