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Technology Stocks : Micron Only Forum
MU 226.68-3.2%3:59 PM EST

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To: DavidG who wrote (36315)7/16/1998 8:11:00 PM
From: Patrick Koehler   of 53903
 
David - I will have to do my trading a little differently now that I can't watch all day. Did jump in and out again today on July 32.5 puts.
Before open, placed a market order to buy MUSZ and was filled at 1 11/16. At lunch time, sold at 2 13/16.
I didn't mention this play last night, because the options are just not liquid enough. As it was, my fill was 5 contracts, 3, and 2. If several people were to enter market orders also, it could cost me money by pushing the quote up. Therefore, I don't like to announce my option play before I make it.
Everyone has to love MU! Sooner or later, it will move your direction.
Money to make going up. Money to make going down. Gotta love it!
Patrick
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