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

To: Jill who wrote (3597)	2/25/2000 10:25:00 AM
From: cthruu	Respond to of 8096

Wish I can post charts here. Here is one reason: VerticalNet owns and operates 55 industry-specific Web sites designed as online business-to-business communities, known as vertical trade communities. These vertical trade communities provide users with comprehensive sources of information, interaction and e-commerce. They are grouped into the following industry sectors: ADVANCED TECHNOLOGIES, COMMUNICATIONS, ENVIRONMENTAL, FOOD AND PACKAGING, FOODSERVICE AND HOSPITALITY, HEALTHCARE/SCIENCE, MANUFACTURING AND METALS, PROCESS, PUBLIC SECTOR, SERVICE, TEXTILES AND APPAREL. Additionally, VerticalNet provides auctions, catalogs, bookstores, career services and other e-commerce capabilities horizontally across its communities with sites like Industry Deals.com, IT CareerHub.com, LabX.com, Professional Store.com. VerticalNet's NECX Exchange provides an exchange for the electronic components industry. Technically it was set up for move during Jan 5-14 consolidation in 134-145 zone. It made a HUGE move from 145 to 289 1/2, including a 40+ points gap on 1/23. It has since retraced to fill the gap. This time it bottomed at 196 and re-tested it before starting its move up. There was break out from small range consolidation yesterday @217. This is another volatile stock. The options have rather large spreads and they are expensive, but worth it. Just like AFFX, one can establish a synthetic position to increase the call Delta and capture puts premium. March 210 puts are around $15. That is a strong support zone and safe trade. Calls are expensive and should be bought on a pullback. Do not hang around for too long because VERT will come down just as fast as it goes up. I have 210,230 and 250 calls. No short puts. My apologies for a long response... Regards: GP