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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: EPS who wrote (25517)2/18/1999 11:18:00 PM
From: Paul Fiondella  Read Replies (2) of 42771
 
Soros 2,739,000 shares --- a few short of a BOD seat

Assuming his were not those playing games with options writing this month.

Let's see, buy in the 12-16 range, sell covered 17.5,20,22.5 calls after the stock hits 19, pocket the premium, short the stock in the tech correction and drive the price down, then buy back the calls for pennies, and cover your short position.

Almost mathematical. Or at the very least, programmable.

Good luck with your 20 Leaps.
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