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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 165.31+2.2%Nov 26 3:59 PM EST
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To: Robert Page who wrote (2202)11/21/1997 12:57:00 AM
From: jack wuo  Read Replies (1) of 6180
 
got some TXN NOV. 105 call at 1/4 today, could be 800% return if TXN close at 109. The reason I bought the calls is purely option play,
because deal will not allow so much profit to be taken by put buyers,
TXN could be close at $111 tomorrow, which would kill $10M profit for 110 put buyers; if it happens, 110 call could be jump from 1/16 to $1. a 1600% return.
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