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To: KeepItSimple who wrote (166592)	5/18/2002 12:11:40 AM
From: GuitarMan	Read Replies (1) \| Respond to of 436258

Give us an example of all your trades in the past 60 days using this method. - GM

To: KeepItSimple who wrote (166592)	5/18/2002 3:35:54 AM
From: oldirtybastard	Read Replies (1) \| Respond to of 436258

someone keeps doing an xmi straddle, 3rd time in a row, 2 strikes, 12k contracts on each strike in both puts and calls 02 Sep 1050. (XMX IJ-A) 63.30 pc 56.20 57.70 0 12001 02 Sep 1050. (XMX UJ-A) 45.40 pc 27.50 29.00 0 12000 02 Sep 1075. (XMX IO-A) 49.30 pc 41.70 43.20 0 12000 02 Sep 1075. (XMX UO-A) 56.20 pc 37.80 39.30 0 12000

To: KeepItSimple who wrote (166592)	5/18/2002 11:45:07 AM
From: Jeffrey Beckman	Read Replies (1) \| Respond to of 436258

KIS, Sounds interesting. Just as an example, I see QCOM around 32.5. Do you use the near-term options, or further out? June 35 calls = 1.4 June 30 puts = 1.5 Say one was to do 10 contracts of each for a cost of 1400 + 1500 + about 72 round trip commision = $2972. In order to get to $3 on one side, it'd probably take a quick $2-$3 move. If you got it, would you actually sell then, or wait for $5-6? It seems selling for $3 would mean a very small gain, albeit safe. I'll be thinking about BRCM next (g). Thanks for your comments. Jeff