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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (56011)4/15/1999 11:25:00 AM
From: Knighty Tin  Read Replies (1) of 132070
 
To All, I have made the following moves on April puts. 1. I sold my Intel 57 1/2s and plan to roll down if it ever has an uptick. I only have a 1/3 position there and I think it deserves to be full, so I expect to buy new puts soon.

2. I sold the Freddie Mac 55s, but will not roll down. I have a third there and may roll down if this dog ever has any muscle.

3. I sold the Merrill April 95s. I just got the buy report in the mail yesterday and I am VERY happy with these. I still own May 90s and am not buying more, so I am left with 1/3.

MB
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