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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (3104)	9/30/2008 10:12:20 AM
From: Gottfried	1 Recommendation Read Replies (2) \| Respond to of 5891

refiner TSO has support at $15 and at $16.70 is a CC prospect. Oct $20 calls are .45/.50 Nov $20 calls are 1.25/1.35 I have some

To: Jerome who wrote (3104)	10/1/2008 1:15:39 PM
From: Gottfried	Read Replies (1) \| Respond to of 5891

Jerome, sold some GE Oct 20 puts for $1.04. GE at 23.62 GE had a low of ~19 in 2003

To: Jerome who wrote (3104)	10/1/2008 1:47:02 PM
From: Gottfried	Read Replies (2) \| Respond to of 5891

beware of no-news days: "Nearly two decades ago, a classic economic study found that of the 50 largest single-day price movements since World War II, most happened on days when there was no significant news, and that news in general seemed to account for only about a third of the overall variance in stock returns. A recent study by some physicists found much the same thing — financial news lacked any clear link with the larger movements of stock values."[snip] nytimes.com