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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: AlienTech who wrote (1726)7/12/1997 11:32:00 AM
From: Jenna2   of 120523
 
VVUS July 27 1/2 calls for 1 11/16 on Friday after they tanked 1 point due to profit taking... VVUS is a gamble and in the next five days they can easily double ... but a company that has such good earnings and very large daily trading range is a gamble but I'm taking some of my profits from CDG,HTCH,SCOP calls to see if VVUS can be the one for me this week.

By the way, the best play for WDC calls would have been when the disk drives were having trouble end of June the July 35 calls were about 1 1/2 then. Trouble is I had money tied up in 2,000 shares of the company and I had to hold 6 weeks for a 10 point profit..JBIL on the other hand in 2 1/2 weeks went from 60 - 100... That's why I'm taking options more seriously now. As for JBIL, I'm just waiting to get the puts at the first indication of a correction.
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