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

To: Tom K. who wrote (7958)	6/12/2000 7:15:00 PM
From: tekboy	Read Replies (1) \| Respond to of 8096

this thread made the WSJ today, in case you guys are interested... Message 13867620 tekboy@areyoutheoperatingsystemthreadortheapplicationsthread?.com

To: Tom K. who wrote (7958)	7/5/2000 3:25:16 PM
From: Bridge Player	Read Replies (2) \| Respond to of 8096

<< Re: JPR calls Looks like a good play, BP. Keep us posted. I'm interested.>> The Juniper Networks July 290 calls are now July 145 calls after the recent 2/1 split. The stock has had a huge rally in last several weeks, doubling from the recent low. However, although it poked up above the strike, it failed to make a new high and has corrected down again the last few days, trading now as I write at approximately 140. IMO the valuation levels and option premiums are so huge on this stock that I would not mind if necessary being short at 145 plus my original option premium, and if assigned, will keep on selling covered puts until the short is closed. BP