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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: aerosappy who wrote (65077)5/29/2006 7:12:24 PM
From: CommanderCricket  Read Replies (2) of 206092
 
Aero,

I regret it already, but not much.

$4300 in premium or $2.15 a share for the SU July 90's.

So the stock is exercised at $90 in 8 weeks ($92.15 in total for them) for a stock trading at $80.

$24k for 8 weeks is a nice deal. Downside? the premium plus I get to keep the SU shares - sounded great last Friday.

The bigger mistake were the 10 BTU June 65 calls at $0.45. That was stupid. Fortunately, I've got alot more BTU shares and will be looking to buy them back.

CC
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