Thursday, June 27, 2002 6:22:34 PM
Out Q Jan 03 Calls and half 04 Calls
I ended up selling some of the 03 Calls at 1.05 and 1.20. If I was patient and waiting for the HOD I think that I could have sold them at 1.25 though. I also sold half of the 04 Calls at 1.40 but Patience would have given me 1.60. Qwest had a little bit of Negative news today IMO but it did not seem to slow down the Rally it had today. I still think that Qwest is undervalued here but wanted to make sure and lock in my profit. I will most likely hold the 04 Calls a while to see if we get a further recovery. There is still a Lot of upside potential but if the markets take another beating that that could also affect Qwest.
As usual I was most likely selling too Early :^)
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
I ended up selling some of the 03 Calls at 1.05 and 1.20. If I was patient and waiting for the HOD I think that I could have sold them at 1.25 though. I also sold half of the 04 Calls at 1.40 but Patience would have given me 1.60. Qwest had a little bit of Negative news today IMO but it did not seem to slow down the Rally it had today. I still think that Qwest is undervalued here but wanted to make sure and lock in my profit. I will most likely hold the 04 Calls a while to see if we get a further recovery. There is still a Lot of upside potential but if the markets take another beating that that could also affect Qwest.
As usual I was most likely selling too Early :^)
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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