Option GEMS - Hot Options in Booming Companies... Message Board

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Strategies & Market Trends : Option GEMS - Hot Options in Booming Companies...

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To: Walter High who wrote (64)	7/27/1997 12:03:00 AM
From: PETE DARRUDA	of 396

I like CNC Aug 40 calls. I already have more than 40 contracts for CNC 37.5 calls and have started to buy the 40's. Earnings are out on Wed 30th. A good earnings announcement followed up with some news could bost this past $45 and put Bob in the money on his $45's. Bargain prices now after an unexpected dip in price on Friday. I have no idea why the decline came at the end of the week. CNC is expected to meet if not exceed earnings. This is the part of options trading that I love/hate, the WAITING GAME!! :-) ....Great thread!!!

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