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

To: Bridge Player who wrote (7992)	7/5/2000 7:24:23 PM
From: surpow	Respond to of 8096

Is anyone familliar with Fred Hager? I saw his ad in IBD and am trying to find a subscriber that could share his or her experiences. tia, Noah

To: Bridge Player who wrote (7992)	7/10/2000 1:21:18 AM
From: Dr. Id	Read Replies (1) \| Respond to of 8096

Just a note about a few short term options plays I've been doing... A week and a half ago, bought 10 NTAP July 80 calls. Paid 5 3/4's, sold 3 days later for 7 1/8. This past week, bought 10 VTSS Aug 75 calls for 6 1/8, sold some on Friday for 9 3/8's, will sell the remainder tomorrow on strength (hopefully, as it heads into earnings on Wed). These are short term option plays on stocks that I'm pretty familiar with their patterns. Both options plays were bought on dips in the stock, with the plan that I would hold for 2 or 3 days maximum. I haven't traded calls in this way before, but thought I'd try for some quick hits to generate a little income. Any thoughts on this strategy? Smart or stupid? :-) Dr. Id@justtryingtokeepbusy.com