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[Terry Owens]

My Yahoo puts will be like the 2nd coming of BHUB! LOL

HELLO SL AND LOTTO BOARD!!!

It's me, Terry Owens again just checking in from option land.

I just couldn't help myself last week before Microsoft's "deadline" and now it looks like the lotto is going to pay off.

I had a funny feeling when I did a little research and saw that the CEO of Bear Sterns sits on the Microsoft board. I wonder how many Yahoo puts he picked up in this process?

It was a little too fishy for me when most of the WSJ articles late last week began pointing to a higher Microsoft bid after all the hard nose talk from Steve Ballmer. Yahoo almost made it back to $30 a share last week. Sounded like a pump and dump to me so I jumped on the out of the money puts against Yahoo agreeing to a merger and bought some out of the money calls on Microsoft to rally higher in case they walked away.

Well I guess they finally did walk away. Yeehaw!


Good luck guys and thanks so much for all the valuable insight you all provide here on LOTTO!