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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (34237)	1/27/1998 10:26:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (1) of 58727

I was waiting for you to say that.... yes it has moved as expected... 2 things: 1.first you told electric that you would SHORT PUTS YESTERDAY because IBM was basing at 100....you told him you were going to do the trade yesterday. ..at least I can play it again today since it's basing at 100. I'll probably sell puts again...been working for me so far. 2.it wasnt until I questioned you on it that you came up with this other stuff...I was trying to get you to see that it wasnt basing at 100 and that you needed to wait to see the channel and not do the trade yesterday.... but of course I dont get credit for anything...thats okay.... I am waiting to see what it does at 96.

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