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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (89290)	8/15/2007 10:39:45 AM
From: Broken_Clock	Read Replies (1) \| Respond to of 206137

10:35 am Crude supplies down 5.2 million barrels - Energy dept. Marketwatch

To: CommanderCricket who wrote (89290)	8/15/2007 11:15:15 AM
From: ChanceIs	Read Replies (1) \| Respond to of 206137

>>>Covered CNQ Sep 70's calls a few minutes ago.<<< That makes good sense. I am currently short Aug $70 (buy em back for $0.10) and Sept $75s. No way we will be above $70 this Friday. I wonder about whether I should buy back the Sept $75s for $0.50. I don't think that we will be above $75 in four weeks. Delta is currently so small 0.12 that one wouldn't contemplate the possibility of buying them now to resell them later for a gain. I think I should stay put on those. Thoughts????