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Strategies & Market Trends : No-nonsense stock option picks !

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To: Spaw who wrote (23)11/26/1998 9:08:00 PM
From: Benchman  Read Replies (1) of 135
 
Spaw:

I like that strategy a lot too. I have used it a couple of times succesfully. Although, I did it by buying the stock. The chart on FLEX is amazing. A very nice steady move up over the last month or two. I am going to put in order in for 5 Jan-65 calls at 7 3/4. The bid is 7 3/8 x 8 1/8, so I am splitting it down the middle. We'll see what happens. I will be away from the computer a lot of tomorrow morning, so I am going to put my order in now.

Let me know if you decide to jump in also, and which contracts you prefer.

Rob.
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