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Strategies & Market Trends : Tech Stock Options

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To: Compadre who wrote (56893)	11/3/1998 9:59:00 PM
From: Gersh Avery	Read Replies (1) of 58727

Re 500 and 1000 OEX contracts Probably sold the 500 contracts at ~5 and bought the 1000 ~2 1/2. Free OEX puts. Max danger is if you are holding the options open at expiration and the OEX closes at the 505. If the OEX goes up nothing lost. If the OEX dips below 495 then nice gains. Gersh

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