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Technology Stocks : All About Sun Microsystems
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To: JDN who wrote (37427)11/4/2000 1:43:13 PM
From: Yaacov  Read Replies (1) of 64865
 
JDN, I sold bought back some Jan. calls strike (I had sold them at over 14 dollars) for about 7.5 dollars and sold them
strike 120 April at 15!

Now I need your help! I sold some covered calls, strike 130
at at 16 several weeks ago. I can buy them back at 6 to 7.
I thought I buy them back at 7 on Monday, and write some calls at 130 April at 20! It seems to me that when the elections are over, sunw will hit 120 and higher! Any idea?

Thanks
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