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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (255803)	8/14/2003 5:07:19 PM
From: mishedlo	Read Replies (1) \| Respond to of 436258

No it was not today. Been sitting in this play for 4 days. Oddly enough I could have done better to just buy the puts and sell them the minute it crossed 17.50 to the downside. Or buy the puts and short the aug 17.5 on the cross. That would have worked even better. The play I put on had a max possible loss of .35 and since the long puts were a month further out, a chance for better gains. I was hoping CSCO stayed near 17.50. On the late ramp I took off the short puts for .05 and when I did not get too much move down decided to take a dime on the long puts as well. M