The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Chilbert who wrote (88311)	2/5/2000 11:22:00 PM
From: R.E.B.	Read Replies (1) of 90042

Chilbert, they just opened up some $70s CALL options for Time Warner Telecom ("TWTC"). Try buying 5 contracts of the TWTC $70 Call options for March and see what happens. The total purchase should be about $3,000 +/-. Because you are new to the options game, sell (i) as soon as you have doubled your money after commissions, or (ii) by the first Friday in March no matter what the price is. This is about the best options play that I can give you for now as a rookie. There are other plays, more risky, more expensive, but this is the safest one, with low risk and high probability of success that I personally can think of right now.

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