Hello Pezz, Today’s Report: Sunny, cool, birds chirping, wife still sleeping, friends started laughing, and a good light-hearted day.
I had blueberry pancakes, bacon, sunny-side-up eggs and orange juice for breakfast. While eating and watching CNBC,
I did this obvious AOL trade:
(a) Long AOL shares @ 10.45 (b) Short AOL July Call 10 covered @ 1.70 (c) Short AOL July Put 10 @ 1.25
… which is a repeat of this earlier successful exchange: http://www.siliconinvestor.com/readmsg.aspx?msgid=18465553 January 20th, 2003 (b) I also had my AOL called away at USD 10/shr, but as they were acquired in this trade ( Message 17792616 July 25th, 2002), I am way ahead, as is too often the case, by about 27% for 6 months of doing not very much ;0)
… and I did this natural FCX wager …
(d) Long FCX shares @ 16.99 (e) Short FCX August Call 17.5 covered @ 2.00 (f) Short FCX August Put 15 @ 1.35
… This is an addition to this self-evident bet …
http://www.siliconinvestor.com/readmsg.aspx?msgid=18514660
Remainder of day to be used for swimming, "Return to Castle Wolfenstein" PC game, lunch, nap, swim, more games, dinner, and movie (we saw "Catch Me If You Can" last night).
My option positions outstanding now are as below:
Short FCX Feb Put 10 Short HGMCY Feb Put 10
Short MO March Put 32.5 Short PTR March Put 20 Short NEM March Put 22.5
Short IPG April Put 10 Short IPG April Call 10 Short NLY April Put 17.5
Short AEM May Put 12.5 Short AEM May Call 12.5 Short HGMCY May Put 12.5 Short FCX May Put 12.5
Short NEM June Put 20 Short NEM June Call 30 covered Short NEM June Put 30
Short QCOM July Call 37.5 covered Short QCOM July Put 35 Short AOL July Call 10 covered Short AOL July Put 10
Short FCX August Call 20 covered Short FCX August Put 17.5 Short FCX August Call 17.5 covered Short FCX August Put 15
Short NEM Sept Call 32.5 covered Short NEM Sept Put 30
Long LEN 2005 Jan Put 30 Long CFC 2005 Jan Put 40 Long PHM 2005 Jan Put 25
Chugs, Jay |