The Options Advantage
105 W. Monument Street
Baltimore, MD 21201
Tuesday, April 27, 2004
Email – #167
** Off to the Races
Three of our holdings – Yellow Corp., Lockheed Martin, and
Chesapeake Energy – reported earnings today. Each one reported
higher-than-expected numbers… by a long shot. And, each one
reported that there would be better times ahead.
We are in excellent shape with each pick, gains in the triple
digits on each position. If the good news translates into higher
share prices in the days and weeks ahead, look for us to bail out
of these positions with extremely strong profits.
Regards,
Karim Rahemtulla
P.S. Please be aware that the name of this service will soon
become The Options Trader – nothing else will change – just the
name.
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Current Portfolio:
Company / Symbol Option: Tenet Healthcare/THC Jan 06 $12.50 calls
Symbol: YTX-AV
Date Purch: 3/31/04
Current Price: $3.00
Comment: Hold. Trailing stop is $1.25.
Company / Symbol Option: Lockheed Mart./ LMT Jan 06 $55 call
Symbol: WLA-AK
Date Purch: 4/7/04
Current Price: $2.50
Comment: Hold. Sold call against Jan 06 $50 position.
Company / Symbol Option: Lockheed Mart./ LMT Jan 06 $50 calls
Symbol: WLA-AJ
Date Purch: 3/15/04
Current Price: $4.10
Comment: Hold. No trailing stop.
Company / Symbol Option: Yellow Freight /YELL Jan 06 $40 calls
Symbol: YBQ-AH
Date Purch: 4/7/04
Current Price: $4.10
Comment: Hold. Sold call against Jan 06 $35 position.
Company / Symbol Option: Yellow Freight /YELL Jan 06 $35 calls
Symbol: YBQ-AG
Date Purch: 3/10/04
Current Price: $6.70
Comment: Hold. No TS.
Company / Symbol Option: Placer Dome / PDG Sell Jan 06 $25 call
Symbol: YDI-AE
Date Purch: 4/1/04
Current Price: $1.10
Comment: Hold. Sold call against Jan 06 $20 position.
Company / Symbol Option: Placer Dome / PDG Jan 06 $20 call
Symbol: YDI-AD
Date Purch: 1/23/04
Current Price: $1.90
Comment: Hold. No TS.
Company / Symbol Option: Hewlett Pack. / HPQ Sell Jan. 06 $30 call
Symbol: WPW-AF
Date Purch: 2/3/04
Current Price: $1.15
Comment: Hold. Sold call against Jan 06 $25 position.
Company / Symbol Option: Hewlett Pack. / HPQ Jan 06 $25 call
Symbol: WPW-AE
Date Purch: 12/10/03
Current Price: $2.45
Comment: Hold. No TS.
Company / Symbol Option: Nokia / NOK Sell Jan 06 $30 call
Symbol: WIK-AF
Date Purch: 2/9/04
Current Price: $0.25
Comment: Hold. Sold call against Jan 06 $30 position.
Company / Symbol Option: Nokia / NOK Jan. 06 $22.50 call
Symbol: WIK-AX
Date Purch: 8/29/03
Current Price: $0.85
Comment: Hold. No TS.
Company / Symbol Option: Chesapeake En / CHK Sold Jan 06 $15 call
Symbol: WZY-AC
Date Purch: 11/6/03
Current Price: $2.10
Comment: Hold. Sold call against Jan 06 $12.50 position.
Company / Symbol Option: Chesapeake En / CHK Jan 06 $12.50 call
Symbol: WZY-AV
Date Purch: 7/28/03
Current Price: $3.40
Comment: Hold. No TS
Company / Symbol Option: S&P 500 MITT
Symbol: MCP
Date Purch: 7/18/03
Current Price: $10.21
Comment: Buy under $10. No TS
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