Qwest Communications (Q) (formerly QWST) Message Board

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Technology Stocks : Qwest Communications (Q) (formerly QWST)

Q 81.59

-2.9%

Dec 31 3:59 PM EST

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To: Alex Sharp who wrote (2741)	1/21/1999 1:35:00 AM
From: Scotsman	Read Replies (2) of 6846

I have had a good run up in this, as many others have. So I plan to buy some short term puts around earnings release date right under strike. So what if I have to pay 2 dollars premium or so. If the earnings come out on target, than the stock continues up and covers the cost. If it tanks, I am protected. I always buy just enough to match my stock position. Its worked pretty good in the past.

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