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Strategies & Market Trends : Options-Technical analysis

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To: browser who wrote (13)	10/9/1998 4:50:00 PM
From: Jeff Mizer	Read Replies (1) of 296

Hi Browser- Well for a newbie option trader I had a good week ! AMZN OCT 80 put in 6 1/8 out at 9 AOL OCT 85 Put in 1 1/2 out at 7 CSCO Nov 50 call in 3 1/8 out at 5 1 /4 I started my option venture about 2 months ago with 10k and after several frustrating misses and near misses and losses the value of had dwindled to about $3500 at the beginning of the week but at close today I now have just over $6500 in cash ready for monday plus still hold 7 NOV 55 CSCO calls in at 3 1/4 and feeling good holding them with CSCO now at 50. Unfortunately even with such a good week I still need a little more to get back to even! Its been a fun but nervy couple months. I certainly wouldn't recommend options trading for the faint of heart ! Jeff

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