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Fwd: BUY OPTIONS THAT QUICKLY DOUBLE



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Dig this nonsense.    Sounds like someone was surfing the list.

             Pete
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Date: Sat, 07 Nov 1998 20:28:13 -0500
From: Alan Friedman <wolf9999@xxxxxxxxxxxxx>
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Organization: The WOLF
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To: Peter2150@xxxxxxx
Subject: BUY OPTIONS THAT QUICKLY DOUBLE
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You can make money in options if you have a great strategy and use
discipline.
 
I invite you to visit The WOLF
 
http://www.netword2000.com/wolf/wolf.htm
 
The WOLF uses option volume and open interest to find options under
accumulation by "smart money".
 
For example, on 5/14, the HOME DEPOT (HD) June 75 calls traded 5697
contracts with open interest of 1933. The WOLF system considered this to
be urgent buying by "smart money". WOLF subscribers bought the calls on
5/15 at 1 5/8.

Sure enough, within days, HD announced a split and a dividend hike. We
sold the calls on 6/1 at 5 for a 231% profit.

The WOLF trades infrequently. On 10/9, calls on SYNOVUS (SNV), a NYSE
listed financial company, flashed a signal. The volume of calls traded
swamped the open interest by over 10 to 1. The WOLF system considered
that to be URGENT buying on the part of "smart money". We took a 133%
profit after only  4 days in this trade!

We closed out another trade two Friday's ago. We had call options on
PROCTOR & GAMBLE (PG). We sold the calls for profits of 75-100% In fact,
here is an e-mail I received from a WOLF subscriber, detailing the
results of his trade in PROCTOR & GAMBLE:

"Here's the story of my (PG) trade;
Nov 85's in @ 2 out @ 4 100% profit heh,heh,heh
Nov 80's in at around 3 5/8 - 3 7/8 out @ 7 1/2 = 100%
I can deal w/ that type of return  WHOOPEEE !!!!!!!!!!!"-J.A.

Our only current position was the SBC November 45 calls. We paid 1 7/8
and sold the calls Friday at 3 1/4-3 5/8

Here is an e-mail I received Friday (11/6) from a WOLF subscriber:

"Alan,

In the middle of the night I reviewed the trading rules that I had been
taught - be happy with a 100%, be happy with a 100%, BE HAPPY WITH A
100%, so I adjusted my selling price down from $3.75 to $3.625 and all
10 (3, 3, and 4) of my contracts went off first thing this morning and I
got my 100%. I got in at $1.625 plus a $37.50 commission and I got out
at $3.625 plus a $37.50 commission times 3.  As such total net out
$3,512.50 ($3,625.00 - $112.50) less total net in $1,662.50 ($1,625.00 +
$37.50) equals $1,850.00!!!!!  That's an 111% profit. Not bad for my
first trade with you and my second option trade ever."-RD

I just received this e-mail this morning (11/7)

"Alan,

So far you are 2 for 2 , PG and now SBC. SBC over 100% profits.
In at 1 7/16, sold half at 2 7/8 and the other half at 3 1/4.
Thanks."-DW 11/7/98

I'd love to see you join us! Visit the web site and if you have any
questions, feel free to ask!

Regards,
Alan Friedman
The WOLF
http://www.netword2000.com/wolf/wolf.htm