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I have too. Anyone else ?
At 09:25 PM 11/7/98 -0800, you wrote:
>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
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