The ratio of the difference between the prices of the call and the stock is not a
constant. When they get out of whack buy the one most to your advantage.

gu was the buy of the week..up on a 12% intraday recover today..or csiq

I did see CALM today and very nice indeed option calls. I'm Learning No Problem what they
are Now.

How 'Bout that, Up it goes.

Was Looking at a Shorts Website and Someone Bought More Shorts and 12.2 days to cover from
2 days.

Short Interest (Shares Short) 13,217,100
Days To Cover (Short Interest Ratio) 12.2
Short Percent of Float 92.88 %
Short Interest - Prior 13,078,000
Short % Increase / Decrease 1.06 %

The story looks like this to me. These Indians have the license to open a gambling
casino. Gambling is very profitable if managed properly but if some crook steals all of
the profits they go bust. But if they have good earning will they pass some to the
stockholders in dividends? No one knows. That is why the stock is cheap. Buying is
outright gambling. What usually happens is that the stock shoots up. You get out because
even if it is successful it will take a dip first.

Last edited on: 05-13-2008 05:01 pm

Dave, you won't make any money looking. Buy 10 calls on NYNY and take a quick 39% profit.
Then you will understand. I have a cover order in for my calls on CALM.
If it happens I will be in NYNY with you. Bill

Dave, you won't make any money looking. Buy 10 calls on NYNY and take a quick 39% profit.
Then you will understand. I have a cover order in for my calls on CALM.
If it happens I will be in NYNY with you. Bill

Hummm

I don't know whats happening here but the call for NYNY on June@ 2.50 is UP .70 cents and
the price of stock is up .16 today.

Should the Call be lower when the stock is rising in price? Since it passed $2.50
Already?

The stock is $3.95 and the call is $2.50@june. Thanks

Once the hedge is in place it does not matter what the stock price does you win. I have
never lost on one of these hedges. I can not guarantee the buying of a naked call because
I have never done it before but if it works there will be a pot full of working capital.

I do not have any stock but if I had 100 shares I would sell a OKMAG Jan 09 strike 35 call
for 4.40. These are rough figures but it would bring in $440 right now. I might be sold
out at 35 but that is a profit. I could always go back in for a call with some of the
money and work on the others guy's money from there on. Bill

William I see that CALM having a pullback today that I see a double top 33.32 from Wed.
$31 seems the low resistance.Gonna load up more in a few days around 32'ish.