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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (83)1/11/2000 11:27:00 AM
From: Steve Lee  Read Replies (2) | Respond to of 30051
 
Bought some VLNC Feb 20 calls after the stock moved easily through 19 1/2 up to 19 7/8. If I get a chance to sell above 22 I will probably take it.

Also just bought some more RMBS Feb 85 calls at 9 5/8. RMBS is sitting just above support around 82 and several of the major memory component manufacturers have announced large scale Rambus manufacturing over the last few days.

Intel just made a new high of 92 1/4 and I'm wondering if it will ever come back below 89 1/2 where I sold those calls?