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Non-Tech : KIDE a good play to capitalize on Pokemon craze -- Ignore unavailable to you. Want to Upgrade?


To: Eric Fader who wrote (450)9/26/1999 2:46:00 AM
From: Jim P.  Respond to of 1239
 
Eric Fader
I rarely buy also and tend to prefer selling calls in the IRA as a better bet. Thanks for putting a number to the valuations on the current option prices. I put a limit in on the Oct 30's and it was filled at the close. The Feb 30's I paid the ask 5 7/8 as I felt the stock would not stay under 30 very long and force the price of the call up even as the time premium lowers. I sold some of my KIDE stock to pay for the calls as a way of leveraging my profits in KIDE.
It is all profit in the calls and my stomach is real strong, I will buy some short term around the earnings announcement if the premiums are not too high.
Jim