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Strategies & Market Trends : Advanced Option Strategies

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To: Joe Waynick who wrote (153)	8/24/1998 10:50:00 PM
From: Joe Waynick	Read Replies (2) of 355

PLAT in position. Back at the low! I'm placing a day order for tomorrow to but 1,000 PLAT @ 24, and 10 December 25 CALLs @ 3.25 for short protection. This will open the PLAT position with a trading range of $24 - $26 (maybe I'll go $26.50) since the stk is edging up. I knew Flip wouldn't let me down!

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