Option Writers Newsletter, Saturday, 12/10/2005 03:54:09 AM ET
NFLX CLOSED at $1.85
by Steve Gail
HAVING TROUBLE PRINTING?
WATCH LIST FOCUS 12-9-05 Friday
UPDATE ON WATCH LIST - NFLX CLOSED OUT
PTIE is still on watch list, but we are holding the PTIE position
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 on an ongoing basis and inform you if any action is necessary. We are currently maintaining PTIE, however have closed out NFLX.
NFLX - WE CLOSED OUT NFLX AT $1.85 or $0.80 NET LOSS. The break sharply below $27 forced us to immediately close out the position on Friday.
PTIE - No change in analysis - closed at $7.42 slightly in the money against us
We will continue to hold PTIE. However, if we need to act on this position, we will keep you informed of any action necessary.