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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?


To: Xianming Liu who wrote (6193)4/4/2001 8:37:24 PM
From: md1derful  Read Replies (1) | Respond to of 6439
 
X: Nope, the 50 calls were closed with the stock down to 51.5 for a slight loss....unfortunately the stock later fell far below that strike price and the options would have expired worthless...ya win some and lose some....however...I loaded up with some April 42.5's and some May 45's when she fell to 41-42 two weeks ago and made a small fortune, selling at 47 or so...when she went back down to 44 two days ago, I started building some May 45's ...I may day trade these a while till an uptrend is re-established...level II quotes, which I just got, help a bit
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