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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (22013)9/4/1997 5:52:00 PM
From: j g cordes   of 58727
 
Well Judy, you know modems aren't what they used to be when I was younger :~)

Got out of BOST Sep 12.5 calls today for a double.
Although the stock has done what I expected technically, there's someone I've named "Mr.1000," who keeps jumping on the puts in 1000 buys or sells, can't tell which... one day end of last week he got 2000. It got me spooked that earnings or a pending announcment might be better for a quick dip, then I'll buy in again.

Jim
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