Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (16873)	4/11/2002 10:49:24 AM
From: TobagoJack	Read Replies (2) of 74559

Hi Jay, I forgot about all this in the excitement. Let's cover the 20 contracts of January 2003 Put strike 15 at 0.175, and open short 50 contracts January 2003 Put strike 25 at 2.30. Cover 20 contracts short June Call 20 at 10.75 (that was a big mistake). I in reality had never shorted naked calls, and is proving a big mistake in the virtual world as well. Chugs, Jay

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