----- Original Message ----- 
  
  
  
  Sent: Thursday, July 07, 2005 4:21 
  PM
  Subject: [RT] Re: [e-mini_traders_anon] 
  SPX
  
  Hello Ira
   
  this is what  I had
   
  in June, I sold   the July  121 
  spy calls and bought the  July  123 calls
  also
  bought the  115  puts and sold 
  the  the 117 puts
  net credit   3200
  during the month when   market 
  hit  122 on spy  I bought to close the short puts  
  (117)
  and sold  the 123 calls and bought for 1/2 
  the price the  125 calls
   
  today
  I bought to close  the short 
  calls   (121) and sold the  115 puts to close.
  so
  now I can put on the spread for 
  august
  Ben