Monday, October 23, 2006

Anheuser-Busch Companies, Inc. (BUD) Trade 10-23-06

This morning I bought 5 Nov 45 put options. Bud has had a strong run, but now money is moving into the cyclicals since the Fed has contiuned the pause on rate hikes. Bud also reports their quarterly earnings on Weds. 10-25-06. They are expected to be short of wall streets estimates.

Option expired worthless 100% loss.

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