Considering the action of today's market our put write portfolio didn't do too bad, as only one issue needed to be added to our WATCH LIST and our original candidate (ELN )was only off $0.01 on the day
WATCH LIST ACTION
ELN (closed down $0.013 @ 14.10) just $0.40 away from being removed
from our WATCH LIST, however it will remain on the WATCH LIST until it closes above $14.50 or some other action is needed. Once again we would love for the stock just to trade in the $13.75 to $15.00 range as the FDA decision will not be finalized until late June.
SBAC - (added to WATCH LIST) ( closed @ $23.22 down over $0.85 cents and dropped $0.18 slightly below or WATCH LIST Price of $23.50. we are placing SBAC on our WATCH LIST under it trades back over $23.50 or until some further action needs to be taken, if any.
APRIL WATCH LIST - CURRENT as of 3-28-06
Look for SUPPLEMENTAL PLAYS later this evening for tomorrow's opening, once a again thread lightly, after a big down day, there may be some bargain plays, but please be selective.