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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Ryan Mak who wrote (33919)4/14/1999 5:33:00 PM
From: Jenna  Read Replies (2) of 120523
 
<Strategy> Tomorrow will be a resurrection. I intend to go heavier on the NITE, BVSN,CNET,NTBK and GNET options. Hitherto I've gotten 10-13 but will now try for 15-20 contracts. This is only temporary and geared to earnings and only the nets, after earnings I'll go back to my usual 10 calls. All my options positions (6) this earnings quarter were profitable (up to 2 quintuple bagger in ATHM and YHOO) even GM which I though was going nowhere after the first day's slide. Today's pullback made them all the more appealing. I figure for about 40k to have over a million dollars of leverage in these plays.
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