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Strategies & Market Trends : The Home Run

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To: Patrick Slevin who wrote (35)1/30/2006 7:13:02 PM
From: Patrick Slevin  Read Replies (1) of 525
 
With PQ running amuck, I'm afraid the trader in me has to take something off the table.

Let's do it this way, if PQ is over $12.25 on Tuesday's Close this portfolio will sell 1,000 of the shares at the Closing price.

Actually did something of the same in my own portfolio, sold a boatload of March $12.50 calls today. Though only against part of the position.

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Briefly, the gain on the portfolio after two weeks is $38,546.

$9,415 in equities, $27,265 in Futures, $1,866 in closed out positions.
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