Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (38042)	9/11/2003 11:03:46 AM
From: TobagoJack	Read Replies (1) of 74559

Hello Pezz, Tonight’s Report: If you remember Annaly (NLY) uk.finance.yahoo.com , I had closed out my Annaly October Put strike 17.5 at this juncture for a profit Message 18995692 <<June 2nd, 2003 … I bought back my dollops of Annaly (NLY) October Put strike price 17.5 at USD 0.60/option …>> Now Annaly, the synthetic bank without the retail operation hassle, has taken a tumble from 21.28. I just: (a) Bought a dollop of Annaly (NLY) at USD 16.72/share, (b) Shorted NLY January Put strike 15 for USD 0.60/shr (c) Shorted NLY January covered Call strike 17.5 for USD 0.60/shr We must visit old reliable friends every-so-often :0) Chugs, Jay

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