Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: sunfish who wrote (22382)	11/11/1997 1:03:00 AM
From: Douglas V. Fant	Read Replies (1) of 61433

sunfish, There a a whole number sof ways toplay that price scenario with options. However with ASND currently down, I'd just buy the naked April 30 call option. However if you do not believe that ASND will breach the $30/share level too significantly and intend to hold onto your stocks, then sell the Jan 30 call option and try just to collect the premium before ASND braoches $30/share... Sincerely, Doug F.

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