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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (38672)9/22/2003 9:45:53 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 74559
 
Jay make up your mind there is a big difference between 2.60 to 2.65 and what you posted before $3.60 to $3.65 for a March 04 $45 option on NEM

>>> To:pezz who wrote (38660)
From: Jay Chen
Monday, Sep 22, 2003 9:17 PM
View Replies (1) | Respond to of 38671

Hello Pezz, Last Night's Report:

Shorted NEM March covered Call strike 45 @ USD 3.60-3.65/shr.

This counter-intuitive act is now feeling more natural. I am absconding with some loot while the looting is good.

Chugs, Jay



To: TobagoJack who wrote (38672)9/23/2003 9:00:02 PM
From: yard_man  Respond to of 74559
 
at any rate 2.60-2.65 that's a fat premie you got there for calls that far OTM -- good sell.


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