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Strategies & Market Trends : Tech Stock Options

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To: Rich Gottlieb who wrote (6670)4/2/1997 9:43:00 AM
From: Kevin   of 58727
 
Rich. DDIM does look a bit overbought, but I'm not sure if it'll fall, or just stall. I was just going to say that I think it'll close below 24 7/8 (upper 20-day BB), but I see the stock has already fallen (when I looked10 minutes ago, it was $25 1/2). I'd say selling Apr calls looks like a good idea. If you're buying puts you should go out an extra month IMO.

Volume too low on stock and options for me to touch.

Good luck!
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