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Strategies & Market Trends : Options
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To: jjetstream who wrote (7547)5/5/2000 3:34:00 PM
From: Poet  Read Replies (1) of 8096
 
Here, you can have a slug of mine.
no backwash, please. <G>

Seriously, I don't know if you were interested at all in the RMBS play I posted this morning, but here's my followup:

Rambus has essentially done nothing all day. it may move to the upside or the downside at EOD, however. I unloaded half my calls at a small loss this morning, as theta will bite the premiums over the weekend and I'm skittish about the market. As for the other half, I've placed an order to sell them at a small profit if RMBS pops at EOD. I've also placed an order to purchase a few more calls if RMBs falls to support at EOD. At this point, I'm not confident anything will hit.
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