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Strategies & Market Trends : Gersh's Option trades -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (42)	8/24/2004 5:01:53 PM
From: BWAC	Respond to of 652

Seriously? I was thinking that the way you were moving things down, larger, and tighter that you might have done well during the selloff. As in it seems to me your strategy would make a large gain if the markIt moves big in one direction or another within a week or so of expiration.

To: Gersh Avery who wrote (42)	9/9/2004 6:18:50 PM
From: kaka	Read Replies (2) \| Respond to of 652

Gersh, Did you give up on the strategy? Trying a different approach? I had a great August expiration, but of course its in a margin account, and I never had any long contracts....just short strangles and straddles for DELL. The only contracts which didn't expire worthless were my 40 short Dell 35 puts...only cost 0.15 to repurchase. In this stagnant market, I'm never long. Have been setting up similar September and October positions since the August exp, and Sept is also looking good. Good luck, Kaka