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Technology Stocks : All About Sun Microsystems
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To: Alok Sinha who wrote (6606)1/9/1998 3:07:00 PM
From: Alok Sinha  Read Replies (3) of 64865
 
To: Option players in SUNW.

Did get my Jan 42.5 calls at 11/16. Inclination is to take the profits and bail out now that the stock has rebounded and my profit objective (option at 1 to 1 1/8) has been met, but am tempted to hold till Monday to see the effect of the TCI announcement. Last couple of times I bailed out too early on my Jan 40 calls.

Any advise based on short term technicals; not much time left to expiry and option value will drop some ticks between Fri close and Monday open.

Regards,

Alok
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