AI
Wednesday, May 05, 2004 11:42:48 AM
OSIP(target 75), ESMC 20 target hit),IPXL 26,
OSIP no gap so that was another big play anticipated for today. 75 June calls looking good. IPXL target is 26 should hit also. We got the move down from 93 until today's just under 70 and now we picked the calls. We already have the May 80 calls from the straddle. May 70 and 60 puts nice as OSIP moved down over 22 points. We never enter an earnings report without both sides (although ironicaly we didn't with BEV or IPXL as puts were hard to come by)We did not have to hold OSIP from any losses either just shorted the top and bought at the bottom.
OSIP no gap so that was another big play anticipated for today. 75 June calls looking good. IPXL target is 26 should hit also. We got the move down from 93 until today's just under 70 and now we picked the calls. We already have the May 80 calls from the straddle. May 70 and 60 puts nice as OSIP moved down over 22 points. We never enter an earnings report without both sides (although ironicaly we didn't with BEV or IPXL as puts were hard to come by)We did not have to hold OSIP from any losses either just shorted the top and bought at the bottom.
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