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Re: Fwd: BUY OPTIONS THAT QUICKLY DOUBLE



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I received this one and several others.  Ira

Peter2150@xxxxxxx wrote:

> Dig this nonsense.    Sounds like someone was surfing the list.
>
>              Pete
>
>   ------------------------------------------------------------------------
>
> Subject: BUY OPTIONS THAT QUICKLY DOUBLE
> Date: Sat, 07 Nov 1998 20:28:13 -0500
> From: Alan Friedman <wolf9999@xxxxxxxxxxxxx>
> Organization: The WOLF
> To: Peter2150@xxxxxxx
> References: <194e59d3.3644d683@xxxxxxx>
>
> 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