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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: DownSouth who wrote (7364)8/9/1999 11:27:00 AM
From: SJS  Read Replies (1) | Respond to of 17183
 
Considering they made the call before the open, it seems pretty accurate to me. However, 2 hours of trading doesn't really mean it can't go lower.

I am toying with selling the August 55 puts now (in the low 1ish area for 2 weeks....), but there is more open interest in those puts than in the Aug 55 calls.

When that happens, my experience tells me that they will close it below that strike.


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