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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 9:30 AM EST

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To: advocatedevil who wrote (48770)7/6/2001 3:10:41 PM
From: Jacob Snyder  Read Replies (3) of 70976
 
ST trading:

Sold my NVLS puts with the stock at 49.4. Held 3 weeks, made 16%. That was my last put/short, so I am now all long. Doubled up on EMC at 22.4; tried to buy more NTAP LEAPS, haven't quite got my price yet.

At these prices and below, I will only add long positions. I may reload on NVLS puts if it hits 56 again. However, the spread on them is too big. And NVLS is showing a lot of relative strength, compared to the other semi-equips. So, I'll probably choose a different stock, to short, on the next rally. Any suggestions?
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