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Strategies & Market Trends : Telebras (TBH) & Brazil

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To: Steve Fancy who wrote (406)11/13/1997 12:21:00 AM
From: Steve Fancy  Read Replies (1) of 22640
 
RE: options - I've had great luck selling credit spreads and naked puts on TBR for a couple of months...until today. Sold Nov 90p @ 5 1/2 last friday. In a little trouble on these at the moment, but am confident it will work itself out by expiration. This stock is extremely cheap. Am thinking if selling some 85's yet.

sf
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