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Technology Stocks : America On-Line: will it survive ...?
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To: chenys who wrote (3530)6/22/1997 7:17:00 PM
From: James F. Hopkins   of 13594
 
Chen ; it is going down, but the july puts done been bought when
she was 62..and now have a big price on them, which puts you
on the low end of the profit..with more risk than thoes ahead
of you.
Did I take the time to tell you ; it pays to chart the options,
look at the OI..then chart them, then only play the ones you
can get cheaper than most others have bought, it gives you that
needed edge to slip out the side door, like I was doing the last
two weeks, I was to tied up in June to see the Julys when they
got bought..
There is more to this than just figuring out if she is going
down. Right now the chance of that is high..but the price on
the options is to much..your like me a little to late.
Jan still cheap..be creful july you got some sharks ahead of
you, who can undercut the sell price as she tumbels you be saying
damm how come the optins are not hardly moving. Big line in front
of you..go in July now & your the last one out ! <G>
Jim
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