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Strategies & Market Trends : Option Trades
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To: zx who wrote (1533)3/29/1999 1:09:00 PM
From: LTK007  Read Replies (2) of 2341
 
It wasn't 50 dollars ag,it was 1,000 dollars:)---when ever I write 20 I mean 20 contracts,or that is options on 2,000 shares.I like the FLCs also,and bought 20contracts at 7/16 today for Apr10s---I also now have a straddle with REV and FORE and 14 other positions--this is my first real fling at options--my original cost now is about 21k so it be will interesting to see how my first "wagerings" work out---I am feeling that the OSX will trend upward for the next three weeks(knock on wood)--if I can get GLMs puts at 1/8 I will take them just for insurance.Good Luck,Max90
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