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Strategies & Market Trends : Options

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To: garyx who wrote (4683)3/12/2000 2:38:00 PM
From: Jill  Read Replies (2) of 8096
 
Hey thanx for calling that to my attention. I can't keep track of everything...haven't thot about SNDK in a while. It's possible it could go down further--if you look at the chart:

siliconinvestor.com

On the other hand, it seems only to have sold off in sympathy with the Sony problem, which is a great opportunity. I like to go far out for calls of course so I'd be looking at Oct, maybe DIM, the 130s look to be the best bargain? But the puts are great, for March...the 125s and 130s were popular but knowing me I'd go to 120 or 115 just to scoop a little change and play it safe. April, too 115s are $15-16; 120s $17-18. That's pretty good! :-)

As for TXN play, you are approving of what? I haven't figured out what to do yet. Leaps, maybe?
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