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Strategies & Market Trends : DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS
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To: - who wrote (126)5/29/2001 11:41:00 AM
From: -  Read Replies (3) of 565
 
Short the DONUTS again: We are re-shorting the Krispy Kreme Calls this morning... after a hyperbolic run, volume is drying up in the stock. Sold the June 70's for $7.00; initial buy stop to cover $11.00, or use a $79 contingent stop linked to the underlying. You could also sell the 75's, but Delta in the 70's is better (70% vs 50%). P/L curve: intradayinvestments.com
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