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Strategies & Market Trends : Tech Stock Options
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To: Brad Hill who wrote (31056)12/11/1997 9:13:00 PM
From: tony sidhu  Read Replies (2) of 58727
 
Brad,

What are the support levels in INTC(i see 68) and CPQ(54 and 52) and MOT( if you follow this one).

I was planning to sell in the money JAN99 naked puts and buy calls for JAN 99 with the proceeds.

Do you see any potential risk in this investment. Of course i am not doing this tommorrow but does this strategy look like it should work,
provided the stocks bounce back by JAN 99

thanks
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