Doctor Jack's Stock Medicine

[Websman]

Jack,
A block of GOOG would have been nice.

---------billyjoe

10 blocks of GOOG would have been even better....

[skiracer]

10 blocks of GOOG would have been even better....

A hundred blocks of GOOG would have been even better.

[Rob]

Jack,
Do you like wine. Specifically speaking California Cabernet's. Well I've been called worse Jack. Thank you.

Where are your question marks and commas? Tsk, tsk.

[skiracer]

Where are your question marks and commas? Tsk, tsk.

Now Louetta is really beginning to rub off on you Rob. Tsk, tsk. Your just wicked. I need a life lesson like I need another big fat spliff and a couple more fingers of Granmarnier.

[Jack Haddad]

Slb

Bought 3 blocks of SLB at 60.77 to 60.78 and wrote 300 Nov 60 calls at 3.0o/contract. The stock has beaten warnings and revenue by quite a bit.

[New-born baby]

Bought 3 blocks of SLB at 60.77 to 60.78 and wrote 300 Nov 60 calls at 3.0o/contract. The stock has beaten warnings and revenue by quite a bit.

Looks to me like a simple retest of the breakout of an symmetrical triangle. Bullish.

[Jack Haddad]

Amd

Bought 2 blocks of AMD at 20.06, and wrote 200 Nov 17.50 calls at 2.95/contract

[Jack Haddad]

Intc

Added 7 block of intc at 20.99 to 21.01, and wrote 700 Oct 20 calls for 1.20/contract, in hope that my shares will get taken away. Considering the short and intermediate term technicals, should my underlaying shares remain with me after expiration, the addition of those block would have been a strategic accumulate in an incremental manner.

I now have a total of 335k shares.

7 blocks were called away as October options expired. Pocketed 19 cents/share times 70,000 shares.

[Jack Haddad]

Amd

Bought 2 blocks at 20.33, and wrote 200 Nov 20 calls at 1.45/contract.

[Jack Haddad]

Slb

Bought 3 blocks of SLB at 60.77 to 60.78 and wrote 300 Nov 60 calls at 3.0o/contract. The stock has beaten warnings and revenue by quite a bit.

Sold the shares at 61.03, and covered the calls at 2.90. It's amazing how the call value dissapates... That's why i never buy calls buy always write them!

[grebnet]

Amd

Can you give me your thoughts on AMD ??

I actually followed your call on Friday and bought AMD at $ 20.03 and wrote Nov 20s at $1.23 ( instead of the Nov 17.5s) ... now Im trying to figure out what to do with them . Should I wait for the time premium to diminish on the calls and let the stock run ?

[Jack Haddad]

Slb

Bought 4 blocks of SLB at 60.26 to 60.30, and wrote 400 Nov 57.50 calls at 4.00. The retraction to test the 58 sipport should be protected by the "deep in the money" calls.

[Jack Haddad]

Dia

Shorted 2 blocks at 121.09

[Jack Haddad]

Bought 2 blocks at 59.75, and wrote 200 Nov 60 calls for 2.55/contract. The stock is sitting at the 3 month support. I couldn’t resist such a juicy premium. Basically I have a 2.55 dollars as a downside protection.

oops, that was SLB

[Jack Haddad]

Mrvl

Bought 6 blocks of MRVL at 16.50, and wrote 600 Nov 16.25 at 1.00/contract