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Strategies & Market Trends : Tech Stock Options
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To: IngotWeTrust who wrote (5259)1/22/1997 5:02:00 PM
From: PHIL K.   of 58727
 
ole 49er, I am very involved with doing covered calls right now.

I have to admit though, do hate buying the stock sometimes and having to hold it for 30 - 45 days while it goes up and down.

I am considering doing naked puts mainly if any naked at all.
The downside is always lighter than the upside.
Don't you agree??

I am presently on a rollercoaster on its way up the hill with IOM.
Earnings are due out on 1-28 and I expect good numbers considering the stocks runup recently. I am considering rolling up my calls to the Feb 20's.

I was into WSTL recently and got out pretty quick when it started diving. (it went down to 20% below my cost basis)

Did you short IBM yesterday?????
Talk to ya later.
Phil k.
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