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Strategies & Market Trends : Option Trades

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To: zx who wrote (84)	12/12/1997 5:27:00 AM
From: scotty	Read Replies (2) of 2341

Sorry for late reply, PLAB worked out perfect.Stock went up to 25 the day I bought puts,now at 21.5. Cashed a 200% winner. MSFT puts could turn to gold.MSFT has a tendency to go in one direction for 8-10 days then reverse for 8-10 days.Could be a big decline to 125 and court ruling could be reason.Dow puts,JAN 82,are looking real good.I'm big on silver,have several June 5 hecla calls,up 100% this week.I'm super bearish on broad market,might retest the October lows.Looks like second leg down for techs,investors are bailing out as profits erode,could turn to stampede.

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