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Strategies & Market Trends : Tech Stock Options

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To: Early Bird who wrote (20647)8/23/1997 10:06:00 PM
From: JT Naso   of 58727
 
Mike, I have been a lurker on this thread for awhile. I like your call on UIS. I presently own 40 Sep 12 1/2 calls. I am averaged in at 3/8. In the last week it has been moving around due to all the volitility of the market, I guess. It has been down to an 1/8 and up to 3/8. Every now and then we get rumors of a buyout by CPQ. Boy, wouldn't that be nice. I am happy that UIS has held its underlying stock price so well during the last two weeks. I am hoping for some kind of pop before expiration. Good trading to you.
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