February 2, 2006  Buy to Open the May 60 Internet HOLDRs (HHH) call option (HHH+EL). Set a limit at 5.80 or less.  Read More

February 1, 2006  Sell to close your position in Coeur d'Alene Mines (CDE) at the market. Our gain on the trade using margin is approximately 30 percent in a little over two months. If you fully paid for the position your gain is around 15 percent. Read More

January 31, 2006 Buy to Open iShares Lehman 20+ Year Treasury Bond Fund (TLT) June 88 put option (TLT + RJ) at the market price to double your position. Given the short lifespan on options, we generally don’t recommend doubling up on a losing position. However, there are occasions when the potential reward outweighs the risk. This is one of them. Read More

January 31, 2006  Sell to close the February 127 Standard & Poor's Depositary Receipts call option (SPY + BW) for a combined loss of approximately xx percent on our strangle trade. Read More

Sell to close the Genentech March 90 call option (DWN + CR) at the market. We're taking a loss of approximately 50 percent on this trade.   Genentech (DNA) has been unable to muster a rally since selling off in wake of fourth-quarter earnings report. This suggests will take more time for the stock to recover than we have built into our March call option. Read More

January 30, 2006  Buy to open the iShares Russell 2000 (IWM) May 73 put option (IOW + QU). Set a limit to pay no more than $3 per contract.   Read More

January 27, 2006  Buy to open the Merrill Lynch Pharmaceutical HOLDRs Trust (PPH) May 70 call option (PPH + EN). Set a limit order to pay no more than $4.20 per contract. Read More

BUY to Open January 70 Oil Service HOLDRS (OIH) call option (OIH+AN) at the market).  Read More

January 26, 2006  Buy to open the iShares Russell 2000 May 72 put option (IOW + QT). Set a limit to pay no more than $3 per contract.   Read More

January 25, 2006  Sell to close the EnCana July 50 call option (ECA + GJ) at the market for a loss of about 30% percent.   Read More