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Technology Stocks : WCOM
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To: Jeff Geiser who wrote (3103)8/1/1998 3:07:00 PM
From: Jake0302  Read Replies (1) of 11568
 
Looking for Option Advice:

1. I have a few Sept60 calls. In light of A) the Market, B) approval of the merger, C) WCOM prospects overall, what price do you see in Aug/ Sept. I think we could get close to 60. However, taking into account the Market, I also think we could all head for a tumble.

2. What do people here think about WCOM LEAPS? For instance, Jan 2000 60 calls at about 17-18. If WCOM performs the way it should, these could be very lucrative, and provide some protection from volatility; almost a cross between an option and a stock.
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