The Volatility Trader
105 W. Monument Street
Baltimore, MD 21201
Tuesday, April 25, 2006
Email – #111
ACTION TO TAKE:
Our Tiffany May $40 call (TIF EH) has hit the trailing stop. Sell your option if you have not already.
Good trading,
Steve McDonald
Current Portfolio:
Option: BEA Systems June $15 call BUC FC
Price: $0.40
Comment: Hold. Sell stop is $0.15.
Option: BEA Systems June $12.50 put BUC RV
Price: $0.25
Comment: Hold. Sell stop is $0.05.
Option: Bioenvision June $7.50 call BQN FU
Price: $0.45
Comment: Hold. Sell stop is $0.20.
Option: Bioenvision June $5 put BQN RA
Price: $0.35
Comment: Hold. Sell stop is $0.15.
Option: Tiffany May $40 call TIF EH
Price: Sell
Comment: Option hit trailing stop.
