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Technology Stocks : Intel Corporation (INTC)
INTC 40.51+0.4%3:59 PM EST

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To: kapkan4u who wrote (168940)9/5/2002 12:18:25 PM
From: kapkan4u  Read Replies (1) of 186894
 
<I bought 400 put contracts of Jan 2005 QQQ $20 yesterday for $3 and 1000 put contracts of Jan 2005 QQQ $13 today for $1.05. Now I have a decent hedge to write up to 2000 monthly put contracts on QQQs.>

Closed $20s for $3.80 and $13s for $1.20. Made about $50K. Cleared the decks since I see better opportunities elsewhere.

Kap
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