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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (17753)7/12/1999 5:31:00 PM
From: Alok Sinha  Read Replies (2) | Respond to of 64865
 
Bought July 75 puts at a buck and July 72.5 puts at 3/8th today, as a hedge for my long positions.

I have 5 July 70 covered calls, that I was planning on getting the stock called away. Do you recommend rolling it over to Aug 70s. Most of the other July covered calls I had rolled to Aug during the last couple of weeks.

I have a strong feeling we will be back in the 60s after earnings (and when NASD comes back to earth). Any idea of the MaxPain point for SUNW this Friday.

Regards

Alok