SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (9034)11/3/1997 4:52:00 PM
From: RLM  Respond to of 94695
 
Well, for one I'm never wrong, and two some of the bears out here
have been a little bit honery.



To: IQBAL LATIF who wrote (9034)11/3/1997 4:59:00 PM
From: Bilow  Respond to of 94695
 
Well, I took a look at my put portfolio, and while I no doubt lost
value today, I haven't been doing terribly badly lately:

Symbol Bot -- Today's Bid -- Quantity
GTWXF 2.25 -- 2.625 -- 20
WLAMG 3.375 -- 6.000 -- 20
HLOA 0.500 - 0.500 -- 70 (Okay, technically this is a call.)
LLQWJ 0.4375 -- .125 -- 20
XIQWK 1.000 -- .0625 -- 15
VQTMF 1.000 -- 0.500 -- 10

This gives me a total profit, after spread, but before commisions
of $3468.75 on open BK type options contracts. My BK options
have been doing rather well lately, I can't recall the last one
that closed at a loss, its been at least a month or two. It must
have been SOX puts that expired worthless.

And overall, today was an excellent day, counting that pile of
unvested in the money options I'm a slave to. (up $17,000)

So don't waste too much tears on my part. :)

-- Carl