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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: cthruu who wrote (522)	1/2/2000 7:47:00 PM
From: Bruce Ravelson	Read Replies (1) \| Respond to of 8096

Hi GP, I have some NOK Apr 105 and 140.I like the projection you made re: price target for the 3rd wave. Follow your options with trailing stops for NOK Would this be on the calls? I have used stops on shares only. It seems like with the increased share price, the day's trading range is now wider. I could calculate the trailing stop to stay a % below the closing bid, say 10%, which would lock in profit nicely. If it hits and goes lower, then I could buy in again. If it doesn't hit, the calls are staying even or going up. Is this what you mean? Thanks.