hello pezz, last night's follow-on report:
(i) following on to this Message 25226528 dispatch of rapid deployment force, i issued additional reinforcement orders the execution was messed up, and confirmation is just in in-tray
Thanks for your todays orders. Was good talking to you.
This is to confirm the execution of your orders:
Sold __ Call on Proshares Ultrashort Real Estate, 12/2008, strike 120 @ 13.00 USD
Sold __ Put on Proshares Ultrashort Real Estate, 12/2008, strike 125 @ 22.00 USD
According to trader you bought ____ Proshares Ultrashort Real Estate @ 111.078 USD - this is not yet in the system, but should be fine, will definitively confirm tomorrow.
Best regards
(ii) so, now the full expeditionary legion's order of battle is just weirdly so:
long srs @ 111.08 and 117.87
short srs december put strike 120 @ 20.60
short srs december put strike 125 @ 22.00 (i know, there was an execution / order taking / order giving mistake, but i can live with it)
short srs december call strike 120 @ 13.00 and 15.7
short srs december call strike 125 @ 14.5
i am not sure what i did. i figure when the strategy is correct, maybe perhaps possibly the tactics would be not so important.
basic direction, srs will easily go to 200+ and it is now full of value, to be played every which way, all different styles, as many positions as possible, all along the time axis, because no one will be shopping much, working plenty, or refinancing anything.
the above positions will either be all in the money, or a double up will happen, after which i will be bailed out by all the people not shopping, working and refinancing.
cheers, tj |
