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to Trading to win
this is the LAST update on ideas in "RCL" letter as of Aug15th.
"Pair play" on BTU calls/ANR puts from "RCL" turned out to be a huge
winner, never mind BTU Sep65 calls @1.80 were total loss(thou they
almost tripled before collapsing and for skilled options trader after
selling base and riding free money that would be translated into "not
making big profits") - ANR Sep65 puts @1.80 are at 13.50 today - will
be closing most of them tomorrow.
GILD/CELG puts performed reasonably well - will be scaling out.
I think we might be nearing tradable bottom on commodities/energy
related
( the one I expected by mid September) - I will be sending
contributors letter out later this week or next week with ideas I am
looking at.