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Pastimes : Play It On Paper- Clappy's Newbie Option Thread -- Ignore unavailable to you. Want to Upgrade?


To: Clappy who wrote (148)8/22/2000 11:27:55 AM
From: Dalin  Read Replies (1) | Respond to of 176
 
Hello Clappy. I sold 2 JDSU and 2 QCOM calls this morning. 2 UCQAD at 25 1/2, and 2 AAFAR at 2 13/16. With commisions and all, those trades just about cancel each other out. Made some on JDSU, and lost $200 less on QCOM.

I am still holding 2 each, for JDSU, QCOM, and RMBS. RMBS is up almost 10 points(Kewl)and the JDSU I got at 18 1/2 awhile back(somethin like that, I'll have to look)The on;y fly in the ointment is those QCOM, but I'm still way up, so, not to bad. I got lots of time too.

Feds gonna do anything weird today? We shall see soon enough, eh?

:0)

D.



To: Clappy who wrote (148)8/28/2000 10:36:22 AM
From: Clappy  Read Replies (1) | Respond to of 176
 
TRADE

I'm buying back the 2 naked calls I sold on RBAK 125's.
The ask price is 18 3/8 for ticker BKKIE.

I originally sold the naked calls for 31 1/2.
I'm taking my profit now and looking for something else.

I'll do the math work later...

-ClapOff



To: Clappy who wrote (148)9/26/2000 5:54:21 PM
From: Clappy  Read Replies (1) | Respond to of 176
 
Trade

Last month I bought 7 contracts of PHCM 95's for $9.

I'm closing that trade today for 27 1/4.

That's a profit of 18.25 x 700 = $12,775.

I'm adding that to my original $10,000 that I started with, plus the $2,625 I made by buying back the calls I sold on RBAK.

This brings my total account to $25,400 in approx 1 month.

I have some buying to do now...

-ClapOff