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Tuesday, 03/20/2007 10:07:51 PM

Tuesday, March 20, 2007 10:07:51 PM

Post# of 220
Aloha Cool Hand....

Nice thread you've started here.

Being new to options I have only somewhat recently began trading them with real $....lol - was paper trading for awhile and just trying to get them all straight in my head. Still studying and reading McMillan. I have been quick to cash in on most plays I have done lately and am starting to use different strategies in the beginning to limit my risk...using spreads and covered calls and such...few winners have been PCU, NUE, VLO, (calls) FMT (put) & others ...I am currently in CAT (call spread) and FLR (calls).....and I initiated a call spread today on NUE...

I am looking at a few leaps now to add....specifically LVS and EMC - I am also looking at a possible short term play on EMC today as well...

Can we discuss ETF's here? A couple possibilities could be PSJ or XLK if one is bullish on tech right now w/solid earnings from Oracle (ticked I didnt buy with the volume I saw pouring in today - ORCL - ....contemplated it, and went with NUE instead) ...Adobe's earnings were also solid (ADBE) - both stocks active in ah with orcl gaining 4 % (i think)

Anyway - thread.........................BOOKMARKED!



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