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

To: Hobie1Kenobe who wrote (5861)	4/2/2000 2:07:00 PM
From: Poet	Read Replies (2) \| Respond to of 8096

Hi JF3, Both my profitable trades were long plays, believe it or not. I was watching CNBC (during a lunch break) when the NAZ downdrafted -289 and bought ATM SUNW April calls for the earnings run. At the same time, I sold a bunch of naked puts on BRCM, which thanks to ed I've added to my options trade list and follow closely. It was trading at 211 at the time and I sold the 230 puts (an agressive naked put strategy I learned at the conference) for 25 3/8. I don't intend to ride them all the way down to zero, just to capture the majority of the inflated put premium. How've you been doing with your trading this week?