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Technology Stocks : Stock Swap
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To: Andrew Vance who wrote (13868)5/15/1998 2:46:00 PM
From: Andrew Vance  Read Replies (1) of 17305
 
*AV*--This AMAT play is giving me the "Heebee JeeBees". The PUT was not such a great play at 3 and necessitated buying more at 2 yesterday for an average 2.5 and not touching the Covered Calls. I am trying to bail out of the PUTs at 2.75 for a modest gain to break even. The CALLs are the gut wrenchers. I am gambling on a sub 37.5 close for them to expire with close to $1 profit. If we can freeze the price into closing, this will be nice.

Better still, Sell this puppy down the tubes into the closing so I can buy stock on Monday.<GGG>

Andrew
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