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Technology Stocks : America On-Line (AOL)

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To: r.edwards who wrote (24998)7/6/1999 6:58:00 PM
From: Jake0302  Read Replies (1) of 41369
 
Re July 110 calls....

i had july 105s... 10 of em... i bought at 5... sold 5 at 20+ near the top today... holding the other 5 through next week... i expect a 1-2 day dip, followed by a continued uptrend into next week... aol should see 130s by next week... lots of tech earnings in the week after expiration (msft, sunw, qcom) so i am planning on holding my tech options through next week with a tues wed or thus exit strategy... looking for a good surge to exit

taking half of the position off the table definitely takes the emotion out of the play...

good luck

jake
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