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


To: steve mamus who wrote (4993)3/15/2000 9:32:00 AM
From: edamo  Read Replies (1) | Respond to of 8096
 
dok...brcm and others..

this is what some popular issues look like to moi

brcm negative 180 downside
cmgi negative 115 downside
cnxt turning positive 80 downside
csco negative 120 downside
emc negative 115 downside
glw neutral/positive 155 downside
intc negative 110 downside
jdsu neutral/positive 110 downside
msft negative 90 downside
qcom neutral/positive 115 downside
txn neutral/positive 140 downside

negative= bias toward overbought
positive=bias toward oversold
neutral/positive=trending toward oversold near reversal
downside=safe strike to sell puts/buy calls

you can enter a position at any time, safe strikes will protect you, but if entered at incorrect time, you give away premiums....

glw looks good at 160 or so....

trends can change very quickly in this liquid, volatile market...