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

To: Atin who wrote (5690)	3/28/2000 7:17:00 PM
From: Bridge Player	Read Replies (1) \| Respond to of 8096

<<So it is nice to see when people post their trades etc.>> OK, yesterday I sold JDSU May 115 puts at 8 3/4. A little early, they went over 10 today. Reasoning: I like the stock as a LTBH, would be willing to buy at 107, believe they are 80% probability to expire, Jerry was bulling the stock, they are (maybe) a gorilla-to-be, don't especially want to gamble on the stock going a lot higher, concerned about the market especially techs, I like shorter term options that are likely to expire then can write more sooner...... Anything else? BP