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Re: jenna post# 19846

Thursday, 12/11/2003 3:40:00 PM

Thursday, December 11, 2003 3:40:00 PM

Post# of 25232
ADBE 40 calls up 88% again a straddle but much smaller now through the report, since our target for ADBE is 40 and the stock is will likely close near 40 in essence we got our target already in both the puts and calls, the short and the long. Whatever we hold now and we're stll holding a 40 straddle in ADBE will be over and above the "BEEF". ADBE played from 42 down to 39.43 and from 38.15 and 39.71. We follow a limited amount of stocks each week, but we stalk and milk them through the end.




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