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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Charles Tutt who wrote (28898)3/13/2000 6:16:00 PM
From: Steve Lee  Read Replies (2) | Respond to of 64865
 
Hi Charlie.

It doesn't matter that Sun can't produce decent performance anymore. They have an excuse.

biz.yahoo.com



To: Charles Tutt who wrote (28898)3/13/2000 7:49:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 64865
 
Charles, a week or two is infinity in mine time space.

SUNW March options are eroding about 1/4 a day until expiration and April option 1/8 a day until expiration.

Two weeks or 14 days translates in 14x1/8 or $1 3/4 erosion of the option value. Selling a put and a call will return $350 during the same time space if the stock is around same prices (or $3500 for 10 call and 10 put contracts).

So I your statement is not relevant to my type of trading were I sell volatility.

Best of luck
Haim