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Strategies & Market Trends : Tech Stock Options

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To: Jerry Olson who wrote (16908)	7/25/1997 2:50:00 PM
From: Mike Fredericks	of 58727

>> I sold IBM today for a break even trade. So who's left holding IBM? I'm holding 2 x IBMJA bought @ 8.5 current bid is 8.25, after commissions I'm losing $110 on that one on paper. But I got Oct's for a reason, figured I'd be holding them. My guys: How's MF looking on IBM? (I've been too busy watching the PAIR chart today trying to figger that one out. Do I want to take a 27% gain in 2 days (about $200) or let it ride. -Mike

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