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Re: oex powerplay update



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Feedback...11.5?..why did you wait so long to get onboard?  

BobR

In a message dated 98-08-17 18:49:25 EDT, charlie@xxxxxxxxxx writes:

<< Subj:	 oex powerplay update
 Date:	98-08-17 18:49:25 EDT
 From:	charlie@xxxxxxxxxx (khanitha)
 Sender:	owner-realtraders@xxxxxxxxxxxxxx
 Reply-to:	charlie@xxxxxxxxxx
 To:	realtraders@xxxxxxxxxxxxxx (RealTraders Discussion Group)
 
 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  
  >>

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