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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Jun 6 11:01 AM EST

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To: majormember who wrote (4071)11/29/2000 9:30:09 PM
From: Joe   of 4140
 
Skane, I agree with DELT on the Dec 5's. Close in, but cheap. Now if there were a significant news event between now and expiration you may do well. Since we normally see a push to the next lower strike before expiration, you might want to sell the calls on the rumor or at the instant of the news release. Take the money and buy more stock a day or two before options expiration. When the Q is reported, we will make another move to the upside.

I might just do the same thing myself.

Regards,

Joe
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