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To: semi_infinite who wrote (7490)1/16/2004 11:21:21 AM
From: Gottfried  Read Replies (2) | Respond to of 13403
 
OT - CREE - semi_infinite: at what price and strike? Gottfried



To: semi_infinite who wrote (7490)1/18/2004 4:58:17 PM
From: Sam Citron  Read Replies (1) | Respond to of 13403
 
OT ** Semi infinite,

When you mentioned in an earlier post that you were buying Cree in size, I had no idea you were accumulating a 35,000 share position. With AD gone, I'm glad to see we still have some heavy hitters here. <g> Looks like Cree has finally gotten past the litigation issue and investors like what they see. Congrats on your tenacity.

If you would like to chime in on the discussion of the mechanics of naked put writing, please do so. There seems to be some interest here. It looked like you initiated your recent Cree position with an assignment on a naked put write, then you added to your position and started writing CCs. Is that correct?

Sam



To: semi_infinite who wrote (7490)8/26/2004 11:06:27 AM
From: semi_infinite   Respond to of 13403
 
wrote 120 Sep 22.5 CC's on my leftover CREE in the $2-2.5 range.