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Strategies & Market Trends : Tech Stock Options

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To: David Cope who wrote (6659)	4/1/1997 4:19:00 PM
From: Kevin	of 58727

David, I sold some April 40 puts on ASND late in the day at 2 1/2. I'm getting a 'buy' signal from my combo tool, not to mention that $40 should be the support (famous last words). 20-day BB is right there as well, which seems to offer support too. If the stock closes below $39 before expiration, I'll get out asap...I don't need any more shares of ASND at the moment :) See ya.

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