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Technology Stocks : All About Sun Microsystems

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To: marvin litman who wrote (28857)3/13/2000 5:54:00 PM
From: Haim R. Branisteanu   of 64865
 
Marvin I can only assume you are not familiar with selling volatility as it is a different animal than just buying stocks.

FYI -- I closed this AM the SUXCS at 7/8. Those option I wrote at an average price of $6 1/4, with the last batch at 5 last Friday.

I am now short the SUXOR at an average price of $2, (long equivalent $88) which I hope to close tomorrow and start to initiate a new strangle.

BTW thank you for your compliments

Haim
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