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Strategies & Market Trends : Option Trades

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To: scotty who wrote (173)	12/31/1997 3:34:00 PM
From: zx	Read Replies (1) of 2341

Scotty, you were right on AMR last week. what has changed. if you understand a stock or the market, these large moves can be very profitable with options. analyze AMR and tell me what you see now. it was downgraded and the airlines have announced decreased overseas fares to encourage more travel. am about to get AMR puts again. DGSD is up 40+% today. i followed Bill Gates in this trade. i had a tip on ABTX when it was 9 and it is now ~17. i had 400 shares but was to impatient to hold them. but yesterday i had three options up 90+% in one day. the bond came down today. the dow jones and the market is falling now. it may be a sell program. patience, ag

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