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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (15794)	12/24/2001 10:41:58 AM
From: Jim Cash	Read Replies (1) \| Respond to of 99280

Based upon the chart alone INVN could bounce back to the 37 area without the incident over the weekend. I can see covered calls possibly but going into the holiday naked in this crazy world. God forbid we get another incident or worse...

To: Zeev Hed who wrote (15794)	12/24/2001 10:58:38 AM
From: McNabb Brothers	Read Replies (2) \| Respond to of 99280

Got $4.60 for the 35's and $3.10 for the 40's and will be happy if I have to go short at a cost of $39.60 and $43.10! Sure it may go to $50 and if it does guess what I will do? Will sell them some more naked calls! at higher strike prices! Sold 10 of each and if they expire in less than 4 weeks not a bad rate of return! Hank