Wednesday, June 14, 2006

Buy MAR Marriott Hotels

Trade
Buy/write MAR Marriott Intl
buy stock, sell the July 35 call

Marriott has good fundamentals (stats) and support right at 35. It has held up well in this down market.

Current positions, all are hedged, long stock, short calls:
BBY, EBAY, EWJ, MCD, PGR, VLO, WCG and MAR

EBAY, PGR, WCG options expire this Friday June 16.

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