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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (5548)2/24/1997 3:48:00 PM
From: Jay k.   of 58727
 
Hey Kevin
Did you buy the INTC puts when it was at 160s? Very nice call on that.
I have to agree with 135-140 support level for INTC.

I bought some CSCC stock friday limit order @26 1/2. My CUBE limit
@23 1/2 didn't excute, I was hoping it would hit support at 22 1/2. I'll try to buy CUBE on the retracement, up my limit to 25-26 range. I'll probally wait 1-2weeks before I buy some option on the long side, wait for stability.
What do you think? And did you initiate anything on either stock?

B/regards
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