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Strategies & Market Trends : Tech Stock Options
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To: Judy who wrote (21947)9/4/1997 1:06:00 PM
From: Tom Trader   of 58727
 
Sold short straddle on AOL Sept 70 for a total premium of 5 1/2

Premiums are attractive with just over two weeks to go--if it gets assigned to me, I'll accept it--since I'll effectively be short at 75 1/2 or long at 64 1/2.

Problems sending and receiving e-mail, my dear--in case you had not figured it out
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