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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (50737)8/26/1998 10:12:00 AM
From: Pierre J. LeBel  Read Replies (1) of 58727
 
Good morning Lisa,

After the weak opening on the DJI, the crowd went into Dell (flight to quality???!!!), pushing it up about 2 1/2 points from its opening low. This allowed me to buy September 130 PUTS at a very reasonable 10 7/8. As the market goes down, so will DELL.

Have a very nice day.

Pierre
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