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Technology Stocks : Wolf speed
WOLF 17.19-3.5%Dec 17 3:59 PM EST

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To: opalapril who wrote (4516)12/11/2000 3:45:54 PM
From: pompsander  Read Replies (2) of 10714
 
Re: options and Cree. I bought the Jan/2001 40 call today and bought the Jan/2001 40 put. Hoping to make some dough off this straddle when CREE rises to fifty in the next twenty days or so. (Combination of election relief, semi relief, good news, etc.)

Or, I will make money when CREE collapses over the next twenty days (election continues, semis collapse, bad news. etc.

My only enemy is that CREE trades within a narrow range. But, hey, that is not the CREE way. <g>
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