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Pastimes : Play It On Paper- Clappy's Newbie Option Thread

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To: Clappy who wrote (148)9/26/2000 5:54:21 PM
From: Clappy  Read Replies (1) of 176
 
Trade

Last month I bought 7 contracts of PHCM 95's for $9.

I'm closing that trade today for 27 1/4.

That's a profit of 18.25 x 700 = $12,775.

I'm adding that to my original $10,000 that I started with, plus the $2,625 I made by buying back the calls I sold on RBAK.

This brings my total account to $25,400 in approx 1 month.

I have some buying to do now...

-ClapOff
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