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Strategies & Market Trends : Tech Stock Options
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To: Constant Reader who wrote (27533)10/30/1997 9:27:00 PM
From: Sundar Rajan  Read Replies (2) of 58727
 
randy - >>I wish you the best of all possible results
At this stage it's a waiting game for me because I really didn't have a exit strategy. My broker is telling me that if TXN is put to me, write an at the money call and collect premiums. It will work OK if the stock closes close to 120 by Nov.

My exit strategy would be to minimize losses and get out during the next rally similar to the one on wed/thursday.
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