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Technology Stocks : INTEL TRADER

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To: Berney who wrote (8638)7/6/2000 3:56:41 PM
From: Gersh Avery   of 11051
 
RE the tape on the 30th ..

Looks like a masterfull move!

Target may have been INTC.

Take several stocks that have been depressed lately. Use the end of the month to cover the tracks. Buy large blocks of the stocks in question while selling OEX calls. Wait one or 2 days and then sell most of the stock. This brings the OEX back down allowing you to keep all the prem. The prem covers the ballance of the stock that you still hold ..

Bingo!! Free stock!

Your hope is that the stock goes down a little because this will cause the OEX calls to expire worthless.
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