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Re: farooq post# 3966

Friday, 09/08/2006 3:08:35 PM

Friday, September 08, 2006 3:08:35 PM

Post# of 31925
Out of short trailing stop saved me again, broke even after commission, went long, sold @ 38.81,Now short @ 38.80 stop 38.90,
I now have 5 cents loss on my OCT. puts, sold 39 September puts for 0.70 which I bought yesterday 10 cents profit not bad, Bought some 38 puts in morning @ 0.25, may be that was Pokersam who timed it perfectly 10:38 AM is the stamp on my purchase, sold 39 September against them covered @ 0.55, 15 cents gain Now those costing me 10 cents.
I intend to buy shares if they dip below, or I will keep using them for spread. Off course I have not bought 500, I am not in that league.
I think while I am writing I missed to cover, well it is running again up. I am covering here for 38.65.
Trade care fully, It is jungle out there, Do your own Due diligence.
Farooq
Filled me @ 38.66

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

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