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

To: Poet who wrote (686)	1/5/2000 4:58:00 PM
From: SecularBull	Read Replies (2) \| Respond to of 8096

Why the JDSU Mar $185s? The breakeven is ~$202. I might've been inclined to do Jun $185s and sell around split time, but the March options don't give you much breathing room. Granted, you paid ~$23 less per share than I did, but then again, my breakeven is $170 on my Mar $130s. Perhaps you're right. The thing is probably going to go like a rocket, and we'll both make out like bandits (you on less upfront capital). It must be my conservative side coming out... Regards, LoD

To: Poet who wrote (686)	1/5/2000 6:11:00 PM
From: Jill	Respond to of 8096

Hi girl...here's what I did today, and then left the house: Bought 5 more yqoat at about 32 (two batches, slightly diff prices) And put in a limit to sell one DIM 82 l/2 Jan, for 73. Figured I'd never get it. Must've gotten it at the close. Didn't want to let any more of them go because I figure they will recover. It was already WAY DOWN from Monday (shudder) Went to the Gap and bought some fleece shirts on sale. So there you have it... Jill