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Mr. Toad:
What the hell is going on here? Are you abandoning the following of your
great picks, the November 650 OEX Puts. You recommended 5 Puts at
21 1/2 on 10/18 and another 5 on 10/19 at 12, for an average cost of 16 3/4.
That reads $16,750; am I correct?
And currently they are worth what? I'd say about 3? or even less?
And now your into and out of the Nov 720 calls, 20 for 1/2 point.
So, what we've done here is gain $1000 while losing about $13,000 for a net
loss of $12,000. Is this correct or am I doing something wrong?
If I am correct, this is quite a service your offering. WOW, my kids could
do better than this!
I'd appreciate an explanation.
John
jdfo@xxxxxxxxx
-----Original Message-----
From: Toad <daytradertoad@xxxxxxxxxx>
To: (Recipient list Toadly suppressed) <dta@xxxxxxxxxx>
Date: Friday, October 29, 1999 3:32 PM
Subject: Toad Update 10/29/99 15:18
>Toadsters,
>
>We just hopped out of the Nov 720 calls OEZKD at 14 1/2,
>
>I know, they hit 15 right after we hopped in..
>
>Have a great weekend.
>
>Good trading,
>Toad
>
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