Option Writers Newsletter, Monday, 04/24/2006 07:46:16 PM ET
FILLS on SUF and EPL PEIX gets away NO FILL
by Steve Gail
HAVING TROUBLE PRINTING?
FILLS on EPL and SUF
SELL EPL MAY SYM: EPL-QE
Target Price $30.00 25 Put
Potential Profit(10 x = $300.00
SELL SUF MAY SYM: SUF-QU
Target Price $35.00 7.5 Put
Potential Profit(10 x = $350.00
No FILL on PEIX
PEIX has moved away from our price target, so we are STRAIGHT CANCELLING the PFQ-QX put write below
SELL PEIX MAY SYM: PFQ-QX
Target Price $50.00 22.5 Put
Potential Profit(10 x = $500.00
With the cancelling of the PEIX pur write above, we should currently have no OPEN orders GTC
This brings our MAY RECOMMENDATIONS to FOUR (4) positions as of now.
More MAY RECOMMENDATIONS TO FOLLOW THIS WEEK.