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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (3051)12/16/1997 3:00:00 PM
From: taxikid  Read Replies (1) | Respond to of 4339
 
i am not straddling @ datek.. they unloaded my entire creaf position..
and started to short me..
i had limits on stock i bought on the cheap..
$250 gains on each "brik" so i wanted to sell 4 of them here and others at much higher strikes..
what happened is they sold 10 250 share blocks.. or something like that.. and i am short there 500 shares..
at least the last blocks they sold were 1/16 less than i paid..
if i cover @ 5/8 i am even minus comm..
i have an order in to cover @ 1/2.. so the 62.50 i get covers the wild commissions.. i just wanted to clear out a few hunnert shares so i coul increase my buying power on my day trading account.. other accounts own creaf @ a little higher strike price..
i have a feeling that i will end up ok, but miss the ride again..
last error i made was buy zitel @19.. and it went to 25 twoo days later..{i dumped for .25 p/share profit..
taxi