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Technology Stocks : Stock Swap
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To: Trader X who wrote (9375)11/3/1997 3:50:00 PM
From: Judy  Read Replies (1) of 17305
 
Kevin, no rush on AMGN now, but whenever you can. My order to close the short puts filled. AMGN should retest its 50-day ema, especially in a volatile market whose downside is not cleanly resolved yet. No stock goes straight up (or straight down) so I'll look to sell the puts again on retrace down. Maybe Dec 50p instead of the Nov series.
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