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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (51635)9/6/1998 9:11:00 AM
From: donald sew  Read Replies (2) of 58727
 
Lisa,

>>>>>>>>>> I know you play the indices....BUT in this time and space..the premium is out of this world and A Kiri has seen first hand how you can get screwed right now.. doesnt hurt to have an alternative
<<<<<<<<<<<<

My PUT spread (OEX 485/470) are doing fine, and my cost basis is only 4 1/4 now, so I just need a close at expiration of below 481 to break even. Granted a straight PUT now is awful in premium, but with spreads it can minimize the premium.

Im just a lousey stock picker. gggggggggggggggggggggg

Seeya BM
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