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Strategies & Market Trends : Canadian Options

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To: Donn who wrote (976)4/8/1998 7:15:00 PM
From: Porter Davis  Read Replies (1) of 1598
 
>>You'll be interested in the second http...

You'd also be interested to know that we have Leaps on eight or so stocks, but the TSE didn't see fit to include them in its list.

>>at least the TSE could put a heart zapper beside your terminal...

If you've followed this thread for any length of time, you'll know that the TSE would like to strap me in my chair and pump about 50M volts of electricity into me. Actually, I've about squeezed my 'stress ball' into oblivion and I'm ready for a new one.

Ballard has almost turned into a pussycat. (Just kidding, option goddess). Only a $8 range today. Once again, I'll be mightily relieved to see expiry come and go. Vols still holding, but some selling showed up as premium decay starting to bite. (78,75)

Bell had a look under its support at $56.50, but rallied back to close there. I covered my short and will take a new look tomorrow. (24,25)

Barrick was a star today, following gold down to $31.35, then putting on a powerful rally to close at the high--32.85. All the buying came out of the States...I don't know what's going on, but I sure don't mind. I'm long a whack of Ap 32.4s, and the more it wants to swing around, the more I like it. Doubters still selling into it, so vols down to (39,40).

Inco. Who cares.

Happy trading.

Porter
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