Update on JPM & CSTR
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Back to archive The LEAPS Option Trader105 W. Monument StreetBaltimore, MD 21201 Thursday, August 25, 2005 Email – #268 ** Clearing Skies Above Doral Doral Financial (NYSE: DRL) issued a bunch of important press releases this week. First they announced a management shake-up, hardly unexpected, by installing John Ward, the former head of American Express…
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Back to archive The LEAPS Option Trader105 W. Monument StreetBaltimore, MD 21201 Tuesday, August 16, 2005 Email – #267 ** Cashing In Lexar Media (Nasdaq: LEXR) is turning into quite a profitable spread for us. We entered into the LEXR spread because of the massive win that Lexar had against Toshiba for patent infringement. The…
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Back to archive The LEAPS Option Trader105 W. Monument StreetBaltimore, MD 21201 Monday, August 8, 2005 Email – #266 ** Buy Mr. Softie One of the benefits of buying LEAPS options versus the underlying shares is the low cost of entry. A disadvantage is that LEAPS have a limited universe. Within that universe there are…
Back to archive The LEAPS Option Trader105 W. Monument StreetBaltimore, MD 21201 Monday, August 8, 2005 Email – #265 ** Sell D.R. Horton Sell your D.R. Horton put LEAPS (YRI-ME). You should be able to get $3.20 or higher for them (the current bid is $3.30). The shares are down over the past three sessions…
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Back to archive The LEAPS Option Trader105 W. Monument StreetBaltimore, MD 21201 Tuesday, August 2, 2005 Email – #264 ** Bulging With Profits Earnings season is almost over for most of our LEAPS positions. Over the next day or so we will hear from Chesapeake. I expect the news to be stellar, as the oil/gas…
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