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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: johnd who wrote (25724)	7/8/1999 5:07:00 PM
From: taxman	Respond to of 74651

"it could move 15pts in either direction during the next 6 trading days" possible, but extremely unlikely based on it's volatility. "There is high chance...[my january short calls will be exercised]." january is another story. why not protect with puts rather than being short calls? then you could capture all of the upside, less the put premiums which are very reasonable in my view. regards