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Technology Stocks : Ascend Communications (ASND)
ASND 208.59+4.1%Dec 4 3:59 PM EST
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To: Tony Dang who wrote (16257)10/3/1997 1:15:00 PM
From: hpeace   of 61433
 
don't need the bottom.
sell the mar 35 naked puts and buy the mar 98 30 calls.
your break even is about 33 in mar 98.
you aren't going to change this much on a drop.
if you are really nervous this next two weeks then buy the oct 30 put which is cheap and that protects you
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