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Newly2b

06/22/10 12:23 AM

#65566 RE: seward #65565

Hi, Hans. Yes, I hate when that happens, and it seems like it happens all the time, LOL. I'm still holding my BP July30Puts I bought on the 16th for 2.30, which is exactly where they closed today -- dead money. Not looking good, I'm afraid. Seems I do fine when I sell, less fine when I buy. I lost track of some naked Jn45QQQQ calls I had sold, and the shares got called away last Wednesday or Thursday (first time that ever happened to me before expiry, guess they were just toooooooo profitable for the buyer to NOT foreclose on me, LOL) leaving me with a short position, so today sold some Puts which I could hold to expiry, use to cover my short if they're ITM, and still make some money on the deal.

Newly