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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (29041)11/21/1997 9:24:00 AM
From: Tom Trader  Read Replies (2) of 58727
 
Lisa--re adding to my position in the OEX puts just after the open

I am going to complete my position in the puts this morning using the initial strength.

Will close out my long position and take a loss if the Dec S&P futures decisively breaks through the 970 level.

But like I said yesterday this is a high-risk counter-trend position.
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