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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (2117)5/30/1996 8:10:00 PM
From: Robert Wu   of 58727
 
Judy, and all:

I'm relatively new at this, and my first try at options were some Borland June 15 calls at 7/16, after a huge drop from a 2 1/8 close yesterday. I'm looking for a nice rebound in the coming weeks, but I would like some opinions on my 'gamble'. Too risky? Too close to expiration? I noticed someone decided to close his position even though it opened already much lower today, but still felt it was worth a try.
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