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Re: horsegirl48 post# 17376

Tuesday, 08/20/2002 2:27:25 PM

Tuesday, August 20, 2002 2:27:25 PM

Post# of 704041
I pocketed premium on both the SNDK AUG 12.5 short PUTs and 15 short calls so I didn't get a chance to establish anything for SEP Friday or yesterday. I am inclined to write short CAll at $17.5 if I can get $2 in premium since I feel I missed move upwards. I would sell PUTs on any significant decline which could easily happen if any brokerage firm covering it issues a downgrade.

Boy is this day looking like a turning point in market

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