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Non-Tech : Bernie Schaeffer's - Option program
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To: halfscot who wrote (190)12/21/1997 1:59:00 PM
From: RFH   of 203
 
Yes, it has been. Even the put recomendations haven't done too well, except for COMS (3com) Sept 30th bought the Jan50 puts at 4 7\8 (his maximum entry price was 6), and the stock was at 51 1/4 at the time. It's trading at 18 3/8 now, but Bernie had us get out at 12 (double your money). A little bit ahead with Baker Hughes BHI Apr. 47 1/2 put, in at 7 3/8, currently at 9. It traded as low as 6 at the beginning of December. The stock is now at 47 9/16. The calls have been getting killed. It's fun, though.

Sincerely,
RFH
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