To: MythMan who wrote (48152 ) 6/19/1999 12:16:00 AM From: Alias Shrugged Respond to of 86076
>>You have any June puts expire worthless on you? Aren't you getting sick of that sh*t? >> and now.. "Mike's Option Report" A Tale of Woe, Punctuated With Several Gifts from the Put God, published on an irregular basis. First, a moment of silence for dead june poots: SCHRK, SCHRM, SCHRN WMTRH MCDRG, MCDRH and a small cheer for all those puts that came to daddy! DAL - 2 positions - both winners FDX - PVN - Praise the Lord HD - Aug 60s; still have sickly looking Aug 55s CMB MCD - two small winners WMT - one small winner HDI - one small winner Coming Attractions (and confession re: purchase of calls -gg-) IBM - bought IBMVT, currently down a little. I would open a position here - IBMVT or IBMVA. IF beemer goes up, expect a 15? point move. I will buy more puts only if IBM jumps up alot. uh, would not buy calls. CMB - CMBSM stub position. I would wait for CMB to move 10 points either direction before doing anything. DELL - bought DLQHH (god, I feel like such a slut buying calls). These suckers are up 60%. I would buy calls again if DELL goes back to 33-34. Would buy puts at much higher level. GO DELL!! We Love You Mikey D.!! WMT - bought WMTGW, about breakeven. Buying calls here looks OK, buying at 42 looks better. MWD - still have MWDSQ, down alot. But, bought MWDGT, and these are up 150%+. Would wait for MWD at 85 or 100+ to do anthing. I feel especially slutty about these calls. FDX - bought FDXGL, up 100%. Buy calls at 50; buy puts/sell my calls at 60+. MU - bought MUSH!!, down a little. Would buy calls at 35. Would buy puts at??????? 90! AMAT - own some moldy old ANQSK. Would buy calls at 55 (f*ing wish I had - the past 4 farkin' times). Buy puts at 95 after the split announcement! HD - own some sickly HDTK. Would buy calls at 56. Will buy more puts much higher. DAL - bought DALGL, down a little. I would buy these here. I suspect you will know very soon if you are right. HDI - bought HDIHL today at close. Buying at 52 from a little base might be better. RMBS, SCH, PVN - no position - too much wierd MoJo TXN - no position - would like to see a nice rolling top for some puts MOT - no position - same as TXN MCD - F* MCD BBY - no position. I want puts badly. puts are expensive. the chart looks so pretty. I must control myself. I will give the thread a 15 minute warning prior to buying puts so that y'all can buy calls and make da big bucks. Since my trading account is now biased to the upside, I am sure BK is coming ASAP. <NFG>