SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: zonder who wrote (32743)6/27/2005 11:49:29 AM
From: mishedlo  Read Replies (1) of 116555
 
Cashed out the last 2/3 of my June 06 Short Sterling 95.75 calls for 24
What a silly ride....
Paid 11.5 rode them to 18 down to 4.5 back up to 24
Why didn't I cash out at 17 and buy them all back at 6?

Still holding a bunch of sept 06 95.25 calls
I decided to write 96.25 calls for 9 against those.
Paid 32 so my cost basis for a 100 bps spread is 23

Bring on the cuts.
I need about two cuts just to break even over cashing them out.
Looking to do a bit better on the ones I am holding

Mish
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext