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Technology Stocks : Healtheon Corporation (HLTH) -- Ignore unavailable to you. Want to Upgrade?


To: JH who wrote (599)4/7/2000 1:26:00 PM
From: JH  Read Replies (1) | Respond to of 861
 
Okay, just sold 3,000 shares @ 28-1/4. $84,750 in proceeds.

And sold 30 contracts of the May 30 puts @ 5-7/8. $17,625 in proceeds. Obligates me to buy shares at an effective price of around $24-1/8 in May if the shares are below $30 at expiration in May.

Great risk / reward tradeoff, thanks to Mr. Clark and Mr. Doerr.