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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Chilbert who wrote (88311)2/4/2000 10:02:00 AM
From: Chilbert  Read Replies (1) | Respond to of 90042
 
NN still running - guess we'll see the usual Friday buying in that and CS for Merger Monday.



To: Chilbert who wrote (88311)2/5/2000 11:22:00 PM
From: R.E.B.  Read Replies (1) | Respond to of 90042
 
Chilbert, they just opened up some $70s CALL options for Time Warner Telecom ("TWTC"). Try buying 5 contracts of the TWTC $70 Call options for March and see what happens. The total purchase should be about $3,000 +/-. Because you are new to the options game, sell (i) as soon as you have doubled your money after commissions, or (ii) by the first Friday in March no matter what the price is. This is about the best options play that I can give you for now as a rookie. There are other plays, more risky, more expensive, but this is the safest one, with low risk and high probability of success that I personally can think of right now.