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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (1014)11/28/2000 8:40:46 PM
From: TobagoJack  Read Replies (1) of 74559
 
Gambling now. Hopefully can finance Xmas present to self and purchased ¼ of YHOO willing to hold at $36 7/8 and sold January strike price 35 Put and January strike price 40 Call at combined premium of $10+. Intend to ride Put/Call to expiration, and hopefully sell YHOO at close to purchase price before cataclysm. Feels like the little guy in the movie “Mummy” trying to grab that last bag of treasures out of the tomb even as the music speeds up, candles flicker, and ceiling drops. Trade does not appreciably change allocations.
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