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Technology Stocks : Vignette Corporation (VIGN) -- Ignore unavailable to you. Want to Upgrade?


To: Ex-INTCfan who wrote (415)6/6/2000 1:55:00 PM
From: im a survivor  Respond to of 628
 
Question - What do you think about the move I just made ?

Sold ALL my Sept 35 VIGN calls for 14 1/8

Bought same number of Dec 45 VIGN calls for 14 3/8

Basically, I swapped the septembers for the Decembers for the same price. Differance is a $10 higher strike price, but 3 months....and hopefully the healthiest 3months....more in Time.

Any opinions ? Smart move, dumb move ???

Personally, sept was just getting too close. With VIGN looking to hopefully regain lost ground, I'd hate to get caught in a time capsul where it corrects a little bit close to expiration. This gives me 3 more months...and basically, I dont mind trading $10 more for those 3 months.

Opinions ??

Keith