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Strategies & Market Trends : Tech Stock Options
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To: Tom Trader who wrote (31447)12/17/1997 9:16:00 PM
From: W. Clinton Terry  Read Replies (1) of 58727
 
Tom:

Thanks for the link. I have McMillan's book and would like to read up on your strategy so that I might understand it better. What is it called (so that I can look it up)? I take it from what you have said that I may have made a mistake in that I bought puts - at about the level you plan to sell calls. You are looking for the underlying stock to go up and I am looking for it to go down - I was only thinking of it going down to 39 - at which time I planned to close the position. Your comment would be welcome - but in any event, I would like to read and study up on your strategy. Thanks.

Clinton
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