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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (51588)7/19/2004 12:09:53 AM
From: TobagoJack  Read Replies (2) of 74559
 
Hello Pezz, Today's Report on What Happened Friday:

Bought a dollop of uk.finance.yahoo.com Petro Brasil at USD 30/shr when the market price was at 29.20, because this got exercised against me Message 19739099 <<January 27th, 2004>>. The puts were short half a year ago at USD 1.50/shr. The stock had in the meantime tanked and recovered in a dull year, for some unneeded excitement :0)

I guess in hind sight I should have <<shorting some July covered Call strike 35s. I decided to wait a bit>> Message 19739099 <<January 27th, 2004>>

All in all, still Ok, have not lost money, which is the important matter.

Chugs, Jay
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