Options Message Board - Msg: 12907015

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Strategies & Market Trends : Options

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To: mrs goldberg who wrote (3175)	2/17/2000 11:06:00 PM
From: Ritch	Read Replies (1) of 8096

Hey Coonaz! Nice to see that you leave the porch once in a while! I had an order in today for some Sep 190's but it didn't fill. I am always trying to scrape an extra 1/4 off the price and sometimes I end up regretting it! I think that CREE will be at 250 - 300 by the end of the year. I usually like to buy calls as far out as I can, unless a closer expiration has a much better premium. This changes from stock to stock depending on the volatility. I will wait to see what direction the stock takes in the morning and try again. I will look at strikes from 170 to 200 on CREE in either the June or Sep expirations. Good Luck! Ritch

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