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Strategies & Market Trends : Tech Stock Options

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To: Mephisto who wrote (2163)6/3/1996 10:33:00 PM
From: Snowshoe   of 58727
 
Mephisto,

Yes, I live in the 49th State, so I have to get up at 5:00 AM if I want to follow the market action. Now that summer is in full swing, I am going to try to slack off on my investment efforts and enjoy life a little more. In the last three weeks I have raised a lot of cash in my tax-deferred accounts, so I am relaxed and poised to jump back in if the market corrects.

Today I sold (to close) my XLNX June 30 calls at the intra-day high, for an 85% profit before commissions. Too bad I didn't load up when I had the chance. I am still holding the stock.

-Greg
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