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Strategies & Market Trends : Options

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To: RocketMan who wrote (5190)3/25/2000 3:13:00 PM
From: dwayanu  Read Replies (2) of 8096
 
Rocketman, Teflon:

I like MSQDX, April 130s at 3/8. Again, this is just a casino bet, to be played with casino money.

Liked your suggestion, got a bunch of the Apr 130's on 3/20 at 1/2, and it looks like the roulette wheel's stopping on our number !

I and my family thank you. My margin balance thanks you, will get cleared without waiting for July COMS options to mature. My accountant will thank you once he finishes lecturing me again on 40% tax liabilities :-)

I figure MSFT 100 --> 105 was window dressing effect, and everything over 105 is the settlement effect (to be charged so to speak against the 30-50% full settlement pop), so exit in stages across 135-155 share price, preferably before April 1st tax selling. Maybe too greedy?

Now if we can just keep Steve Ballmer quiet for a couple of weeks !

- Dwayanu
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