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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Ira Player who wrote (20754)	9/10/1999 12:48:00 PM
From: Ira Player	Respond to of 43080

Follow up on ATHM covered call. Sorry I didn't post when I did it. I post infrequently and forgot I'd exposed this one... Wednesday I closed the AHQIH call, bought it back in for 1 3/8, while ATHM was weak. Today, Sold Oct. 40's, AHQJH quote.cboe.com for 4. Current ATHM position: 08/16/1999 Bought ATHM at 39 1/8 08/16/1999 Sold AHQIH at 3 3/4 (September, strike = 40) 09/08/1999 Bought AHQIH at 1 3/8 09/10/1999 Sold AHQJH at 4 (October, strike = 40) Cumulative ATHM position: Breakeven at October 15 (16 actually) expiration is now 32 3/4 Profit if above 40 is 7 3/4 I have to admit, I do love renting stock. It's real good for the IRA. Ira