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Strategies & Market Trends : The Options Box

QQQ 620.76

+0.7%

Jan 22 4:00 PM EST

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To: Poet who wrote (1134)	6/1/2000 9:42:00 PM
From: t2	Read Replies (1) of 10876

Are you talking about t2's reasoning for buying JDSU calls? I picked some up at EOD. Did you buy end of the day today? I am not as comfortable with near the money calls on JDSU at this price. I do feel it will head up but the risk is a little greater than it was when the stock was under 90. I still have a sizable position in it but should have sold the 100s to buy some June 110s or 120s---or July 120s, 130s. I hope we break 100 tomorrow. It tried several times today. If we get past it tomorrow, we could be off to the races. good luck

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