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Technology Stocks : General Magic
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To: Ray Rueb who wrote (2369)6/22/1998 2:58:00 PM
From: Jerry Miller  Read Replies (1) of 10081
 
"On Thursday, I'm going to buy Jul 15 calls..."
"On Friday, at 15 mins before close, I'm selling all options..."
it sounds like you're playing the "spike up at 20" that you expect.

...but, if you wanted to play the product release on July 30th,
and you had a plan that called for buying the August calls,
on Thursday...
would you still buy the 15s ? or would you buy another strike for that
purpose ?
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