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Strategies & Market Trends : Tech Stock Options

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To: kiwi who wrote (32377)	1/7/1998 10:29:00 AM
From: Kevin	Read Replies (1) of 58727

>>>We bought 5 cci Feb 125 calls @ 5 stock was at 120 7/8. We will stop out if we fall below 119.<<< Hi Kiwi. Good luck! I agree that $119 is a good level to cut your losses if it is taken out. Futures are having a tough time pushing below their first support (967.50). First support is stronger today than I expected... We'll see. Take care.

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