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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (29936)12/2/1997 2:32:00 PM
From: Muizz M. Kheraj  Read Replies (3) of 58727
 
Just a trade update.
Sold SXBLJ (SOX Dec 950 Call) for 35 today. 40% profit since Friday.
Bought QAQAN (QCOM Jan 70 Call) and CYQAQ (CSCO Jan 85 Calls). Both Csco and Qcom satisfy William O'neil's CANSLIM principle and both have recently broke up and out of trading bases. See QCOM running to 75 quickly and CSCO running to 103. Good trading all.

Muizz

** Oh yeah - fills were 5 1/8 on QAQAN and 6 3/4 on CYQAQ
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