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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (20123)8/19/1997 5:02:00 PM
From: zx   of 58727
 
Hi Judy, i let my tech calls ride today. i was planning on wed as the
big day this week and lightening up on thurs.
last friday i felt that the market fell because some program traders wanted the rest of aug calls to fall. i thought the eco #'s were ok.
(i want my stocks/companies to make profits.)
since they made my aug calls worthless i did't want to miss
any monday rally from the over selling thanks to the program traders.
so friday i got calls on BA,DEC,DELL,DMIC,FDX,FLC,INVX,
NKE (have to own it for my wife),DIIG,CPQ,RDC,TXN
already owned AMD and SLR.
last month all my options expired in aug. these are spread out.
the rally from the program traders overselling the market happened
mon and tues. will tommorrow be as good. thank goodness
it all depends on Mr. Dell. good luck to all. let them ride. ag
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