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

To: edamo who wrote (769)	1/7/2000 10:58:00 AM
From: SecularBull	Read Replies (1) \| Respond to of 8096

Thanks. Of my LU purchases today, I put 1/3rd in the 2001 $25s, and 2/3rds in 2002 $45s. You're very correct in your observation about the 2001s having little premium. Not to mention, if you buy within the next week or so, you can take the gains to long term. However, I have no long position in LU (went the CSCO route a long time ago), and would like to establish one. The 2002s make sense in that regard, and I didn't even bother to look at the 2001s. Thanks again for the input (I wouldn't have paid attention to the 2001s, otherwise). Regards, LoD