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

To: t2 who wrote (1223)	6/2/2000 4:45:00 PM
From: Jill	Read Replies (1) \| Respond to of 10876

T2, btw, your timing on JDSU was impeccable. What's your percentage gain on those calls now? Have you played options on NOK previously? Looking at the premiums, they don't reflect much inflation via volatility, and don't seem to pop much. I think I'd rather be long. It's not so bad to have a steadier stock in one's portfolio that moves up (and down) more slowly. Corning has completely recovered. I am impressed with its strength. But this seems a bit high for an entry point--it was up at these levels when NAZ was 5000, as I recall (am not looking at a chart). What do you think about that? Amazing, tho, I'd rolled out my June JDSU short puts (100 and 110) and today I probably could have bought them back for pennies. Still, one couldn't predict this and I feel safer with them rolled way out.