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To: Larry S. who wrote (47912)4/28/2003 8:09:09 PM
From: BWAC  Read Replies (1) | Respond to of 53068
 
I wonder how to trade that news on INTU. I sold some 35 Puts and bought some 30 Puts for protection on it. And then couldn't resist buying a few shares as it fell under 34. Thinking it was hitting stop losses, to rebound later. Sold May 35 strike covered calls on that purchase for $1.80

Think maybe it runs back up a bit to 37 and eats a little time premium tomorrow?