Option Investor


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WATCH LIST - NFLX to join PTIE on our watch list.
Our watch list are positions that we are monitoring that we might
have to act on by closing out the position. We will keep you informed
of the situation regarding these two positions in the future.

- NFLX closed below our strike price of $27.50 and has alerted
us to place NFLX on our watch list. We looking for support at
the $27 area and will keep you informed of any further action
that might be needed regarding this position.

- PTIE closed around $7.21 on Thursday, a few cents into the
money against our $7.50 Strike price. Since the position is
now back in the money, even if only ever so slightly, we have
placed PTIE again on our WATCH LIST and we will be keeping an
eye on PTIE and will inform you of any change or developments
that might merit action to be taken on our PTIE position if
or when it might become necessary. The building of a base in
the low $7.20- $7.60 area still would be a positive development for
our position from this point on.


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