This is an example of a closed PTI Trade Recommendation. These periodic recommendations are e-mailed to PTI clients only.
 

PTI Securities & Futures 

Today's Option CLOSEOUT - iShares Russell 2000 Index

May 18, 2006
    

If filled, this trade will show a profit of $1100

 

If you have any questions about this trade, please call PTI at 800.821.4968

Sell remaining May 73 Puts at $1.60

This will result in a profit of $1100
Company:    iShares Russell 2000 Index
Stock Symbol:    IWM

Option Symbol:   

 IOW

 

 

  
   
  View Original Trade - March 30, 2006  
     
 

View First Adjustment - April 19, 2006

  
     
 

View Second Adjustment - May 12, 2006

  
     

Broker Comments:

Originally, we bought the May 73 Puts and sold the April 73 Puts - the April 73 Puts expired worthless. Last week we sold 1/2 of the May 73 Puts at basically a breakeven to lower the risk.

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If you have questions or want additional information about this trade,
please give PTI Securities a call. 

(PTI Securities does not hold any proprietary interest in this security.)
   

Options involve risk and are not suitable for everyone.  For information on the characteristics and risks of options,
  and a copy of the risk disclosure document titled, "Characteristics and Risks of Standardized Options",
  contact Dan Haugh at Dan@PTISecurities.com. Copyright © 1995-2006 PTI Securities & Futures L.P.
All rights reserved. Do not duplicate or redistribute without written permission from PTI Securities & Futures L.P.