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Technology Stocks : INTEL TRADER

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To: MonsieurGonzo who wrote (2504)4/21/1998 1:21:00 PM
From: MonsieurGonzo  Read Replies (2) of 11051
 
RE:" Tradez, continued..."

KEG order to buy @ open was refused, for some reason (DATEK).

Had 15 DAI PUTs @ 3-3/8; opened this morning at 3-5/8 BID x 3-3/4 ASK so I put in a limit order to sell-to-close 'em @ 3-5/8, +1/4. Nothing happened (ETRADE) - stock moves up, still -1 point from yesterday, though, when I shorted DAI, right? The boyz in ChiTown "slipped" the BIDxASK to 3-1/4 x 3-5/8. So much for trying to scalp the pros. Hmmmmm... Janko's in Chi-Town... {grin}

In 300s INTC @ 74-3/16, out 300s @ 78-13/16 (the 200d EMA on my chart) for $1,387.50 - immediately rolled over into 2 VNLAR INTC JAN99 90 CALLs @ MKT, 6-3/8 = $1,275.00 leaving, after commissions, the traditional INTEL TRADER pizza and tip (^_^)

-Steve
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