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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (8175)5/30/2001 6:15:36 PM
From: Jan Crawley  Respond to of 52237
 
Thanks! I was out so much the past three weeks so I did not get to trade much at all. (so I did not get into much trouble!)

I had only one sorta small on-going Amat position and here is the recap:

Shorted 700 Amat at $53 about 4 weeks ago;
Wrote 5 Amat May-50 puts for $3+ premium
Wrote 3 Amat Jul-50 puts for $6 premium(on the eve of Amat's e-report)
I got all the May puts premium as profit$
Then today, I bot 600 Amat at $48.76

Have to figure out how to maximize/minimize the above position.