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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Im-patient who wrote (13563)	2/15/2000 6:42:00 PM
From: KYA27	Read Replies (1) \| Respond to of 21876

All I did was go into trading under options then I put the symbol for the LU Leap I wanted which was WEU,then I entered 4 contracts...you must enter the strike price you want,I went with 55,cost me $1600 for each contract... gets more expensive the lower you want the strike price.I was going to go with the JAN 2002 65s for about $1500 for each contract but decided to spend the extra $100 for the 55s.If you don't know, each contract is worth 100 shares...I'll have the option to buy 400 shares of LU at $55 come jan 2002. P.S..You don't have to go that far out like I did, you can also go 1 month 2 months 1 year ...etc...Remember it's a CALL you want not a PUT. dljdirect.com