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Strategies & Market Trends : Tech Stock Options

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To: Lyle Abramowitz who wrote (5759)	3/4/1997 4:00:00 PM
From: Kevin	of 58727

>>>I hold 12 Apr 130p. I hope I didn't miss out on selling them at a profit.<<< Well, INTC closed their 1 month MF gap at $140. 2 month is indicating a drop to $130, which INTC tried to close, but hasn't done so. There may be hope for your puts yet. You're right, the formula didn't make any sense the way I first posted it. My problem is I'm often thinking about several things at once, so copying a formula off of a sheet of paper is supposed to be a no-brained. I guess I should think about what I'm typing, but that would slow me down :) Take care.

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