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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (118889)12/13/2000 1:03:18 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
<<another short trigger here is earnings play # 4 for December 19>> The option puts to look at are the December puts as we are only looking for a 1-2 day hold the 60 puts are trading at 1 1/2 by 1 11/16 (at this posting) and the 55's which are also attractive are trading at 5/8 by 13/16.

Earnings is pretty far off so we are seeing a pull back that might turn into some upside by next week or even Friday. The target is to get a double bagger on the options or at least 1 clear option point (worth over $1,000) depending on the amount of contracts you buy. We are not looking for a homerun but we might get it anyhow.