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Strategies & Market Trends : Options
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To: edamo who wrote (3640)2/25/2000 4:22:00 PM
From: Poet  Read Replies (2) of 8096
 
ed,

First, congrats on ATML. It looks like a winner. (Note to self: Listen to ed more often)

Now that the market's closed, would you comment on something I did today? I'd sold the JDSU Mar 185 puts and closed out the trade today at 15/16. Then (gulp) I sold the March 260's, thinking that the stall here at 260 will be temporary. I'm thinking that JDSU will be well above 260 by the split, at which time I'll close the trade (split eve). What do you think?
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