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Strategies & Market Trends : Tech Stock Options

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To: Electric who wrote (31830)	12/23/1997 12:07:00 PM
From: Patrick Slevin	Read Replies (1) of 58727

Has the Ping been expensive because of bad putts or bad reads? I saw someone break a Ping on a follow-thru that had a maple tree in the swing plane. Little known fact: When snapped, they produce a sound remarkably like "PING!!!!! I don't know how much the damn thing cost to be honest. I bought it 2~3 years ago but it sat in a locker until last season. I'm just playing a little bid for motion. I sold OEX 440 puts at 7.75 and immediately put in a bid to cover them at 6.75 If it works ho-hum. If not, volatility will come off this week and I should get 'em back cheaper, anyway.

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