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

To: Jeffry K. Smith who wrote (7985)	6/16/2000 1:28:00 PM
From: Dr. Id	Respond to of 8096

Interesting you mention RMBS - I have watched it for quite a while, and was in it before its meteoric rise, but have been too chicken to get in. How are you playing it? I'm playing it long without any option strategy. I've been in for a long time, and have ridden the lows and highs. I think this has genuine gorilla potential, and the possible gains with a buy and hold here outweigh trying to time it. I'd hate to sell covered calls and then have a Hitachi announcement about capitulation come out that sends the stock into the stratasphere. I like to play options on stocks that are a bit more predictable, and Rambus is one of the least predictable stocks that I've ever owned. Dr. Id