[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: oex powerplay update



PureBytes Links

Trading Reference Links

What's the point?

khanitha wrote:

> Hi rt's
>
> here goes:  I bought one 520 aug call at 11.50 today $1,150.oo it settled
> at 15 or so.
> my goal is in the 30's, currently an order to get out at 33.  then load up
> on sep puts
> later this week or early next week.  Fantasize with me a moment :)   ------
>  It hits 33 on thurs/fri then i buy 520 sep puts for around 6 in about a
> week (5 of them with the 3k), then the market crashes and the oex is at 400
> before mid-sep, and the 520's are at 120!
> 20 times 3k equals 60k starting with $1,150.................
> stay tuned.......
> feedback to all rt's appreciated......
> gary
> hawaii