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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST

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To: djane who wrote (50829)7/31/1998 10:49:00 AM
From: Jan Crawley  Read Replies (1) of 61433
 
Djane, Congrats to your well-deserved profit.

If you are set-up for options, would you consider writing Aug 45 puts for $2 plus premium, or Aug 50 puts for $4 plus premium. For maybe just 1/3 of the shares that you just sold. You still have plenty of maneuvering room left.

I am placing those orders to try to take advantage of the "uncertainty"/volatility. I had sold all my shares and closed out all my options.

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