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Technology Stocks : All About Sun Microsystems

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To: Haim R. Branisteanu who wrote (16581)5/24/1999 4:05:00 PM
From: Alok Sinha  Read Replies (1) of 64865
 
The way SUN is holding in this market, I am seriously thinking of selling my Jun 55 puts and take my gains on the option position. Although I nitially bought it as a hedge, I doubt if the stock will get close to that (I did sell the 50 Jun Puts - naked to recover part of the premium for the long position).

What do you think ?

Alok
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