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Re: The Realist post# 28699

Tuesday, 09/24/2002 9:38:16 PM

Tuesday, September 24, 2002 9:38:16 PM

Post# of 704041
I bought IBM at $62,.. 500 shares set a stop loss at $60 and that filled

I sold 5 OCT 60 PUTs early in day and got $2.4. I sold another 5 PUTS later and got $3.10. Even later in the day, sold 10 Calls OCT 60 for $3.50.

I may not have a 100% guarantee about making a positive return if IBM stays between $54 and $66 on Oct 19, but as least I wouldn't be second guessing my trades today until it hits $54 or $66 <g>

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