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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (26112)12/18/2002 9:36:53 AM
From: TobagoJack   of 74559
 
Hello Pezz, This Coming Friday's Report:

I expect my shorted NEM December Put 20 (0.86/shr premium) and Put 25 (1.84/shr premium) to expire worthless, allowing me to keep the undeserved premium first reached for here:

Message 17634613
June 21st, 2002
Hi Snowshoe, old habits ... just sold another batch of NEM puts (Dec 25) in my 3-year old pocket money earning program.
They are so risk free when compared to just about everything except, oh, oops, no, not quite, forget it (I wanted to say USD:0)


... and ...

Message 17680987
July 1st, 2002
Hi Pezz, I shorted some NEM December 20 Puts last trading session. Off on trip. See you in a few days.

I cannot think of any other game that is simpler and easier:0)

Chugs, Jay
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