Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mirant Corporation (MIR) -- Ignore unavailable to you. Want to Upgrade?

To: Perry Ganz who wrote (32)	1/18/2002 12:22:31 AM
From: Dave Gore	Respond to of 903

Perry, I made an obscene profit of 95%, 525% and 700% on my three FNM options trades. Pretty unbelievable and I admit a lot of luck was involved. The key was buying the second lot near options expiration when the stock was trading near the low end of its range. Then the capper was an excellent earnings report and guidance followed by a probable short squeeze. I normally don't buy options that expire so soon, but I doubled my money on the Feb 80 calls and then took about half the profits and bought the riskier Jan. 80 calls for .40 and ended up selling them from 2.25 to almost 3.00 All the stars were aligned. It was nice to win big on options for a change. I am hoping to do well on some MIR and HAL calls over the next couple weeks or so.