Options Message Board - Msg: 12393392

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Strategies & Market Trends : Options

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To: Jill who wrote (170)	12/27/1999 9:40:00 PM
From: Nichols	Read Replies (1) of 8096

Here's my report- Jill, remember our PM exchange right before one of us had a tooth problem? About 2-3weeks ago- when JDSU dipped to 230's, bought a couple May 240's and 260's. Closed on them today and bought a few GMST May 70's. Still holding QCOM May 370 & 400. Will sell those soon. Will buy QCOM and JDSU options after any dip of 15%. Lastly, since I feel in Feb/March possible correction, want to be real careful of not spitting into the wind with many call options that will expire soon thereafter.Possibly will buy NAZ puts at that time. Not sure yet. Wow, what a day/week/month year! Very long in common-QCOM&JDSU! Finally, a huge thank you to Uncle Frank; if it wasn't for his thread, I would never have participated in such companies as QCOM/JDSU/GMST.

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