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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Kayaker who wrote (4833)1/20/2000 3:34:00 PM
From: Bill Holtzman  Read Replies (3) | Respond to of 24042
 
I totally empathize with your move today. I'm in the same boat. I've been thinking about selling some out-of-the-money calls against my long position. Did you consider that? If you have a Jun 115, you could sell a Mar 250 for like 20 or so and keep that if the stock drops back. If it doesn't, you get an extra 30-40 over what you got for just selling. Of course, you've got to stomach the ride!

Congrats on a great hit.


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