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Strategies & Market Trends : OPTION TRADING-30 DAYS OR LESS

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To: cowboyfan who wrote (1)1/18/1997 8:54:00 PM
From: wiley murray   of 1986
 
Hi Cowboyfan.You need a big selloff as you know to make money on MOT FEB PUTS 55s.MOT is one of the recent favorites on Wall Street. Its run up 15 points in a short time, so it could sell off also. The percentages are against you but must have got them real cheap so you could get a double+ with a 5-7 point drop in MOT.
I think everyone can make money in the next 30 days by buying PUTS on any of the tech high flyers-DELL, 3COM, USRX, INTC,MSFT,MOT, IBM just to name a few.Good luck.
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