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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (19270)8/13/1997 8:14:00 AM
From: Kevin   of 58727
 
Good morning lisa. I got into those SPX puts yesterday when the index was @ 932. Had to leave early (3:40) to get my teeth cleaned, but came in this morning to see we're half way to my target. SPX futures are down this morning 5.25 points, so we may hit 920 early on depending on the eco reports. If I'm right...looks like you'll be walking home with close to 3 grand in profits. Congrats!

Here's what I see this morning. If the eco reports are strong, the SPX will head further south to 910-912. If the report is decent, we will move back over 930 and see an advance towards 940 until the CPI and Ind Prod are released tomorrow.

Good luck!
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