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


To: RocketMan who wrote (4423)3/8/2000 6:28:00 PM
From: uel_Dave  Read Replies (1) | Respond to of 8096
 
Re: GMST <<Glad I'm loaded on June calls.>>
RM, Thanks for the coaching before to help me load up on the August 85 calls. I am sure that Tekboy is also very happy, since he accumulated a lot of these calls. I ended up getting 50 @ $7.5. Do you have any August Calls? What is your suggestion, wait until after the merger and then sell /exercise the calls? These were the first calls that I bought. The second set of calls that I bought recently are QCOM July 140s and they are not doing as well. I also bought an Aug 60 GMST , but liked the Aug. 85s better. I am still a newbie at these option strategies and almost sold some today to lock in the profits. BTW, will you keep your June Calls until May or June?

TIA,

David



To: RocketMan who wrote (4423)3/8/2000 6:33:00 PM
From: Jill  Read Replies (1) | Respond to of 8096
 
Are you selling the common in a retirement account? You must be...

Yes it was a good day to buy June calls. I bought June 260.

Teflon was 100% right about GMST. I could have kept all my calls, May and August. I sold a bunch and still have just a few.