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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (42264)	5/5/1998 1:37:00 PM
From: donald sew	Read Replies (2) of 58727

Lisa, Your target is 8995 and mine is 9000-9050, well thats pretty close, dont you think. On a more serious note, I am looking to do a little day trade. The DOW looks weak and if it does get down to negative 100 range before 3PM, I will sell my OEX PUTs, which I now have about a 60% gain. Then I will assume that it will pop up at the close of the DAY, and I will rebuy another put to go into tomorrow. If it goes close to negative 100 I will just create a spread by selling probably the OEX MAY 530's since that is my target. Seeya

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