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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (65741)9/8/2003 2:55:53 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
Damm if I know, but I just got back from walmart and bought some calls
on the qqq at 34 for .90...then shorted her arse at 34.41..
the calls put a limit on my risk...and if she does drop I'll sell
some puts taht will close the short position.
If she don't fall , at least I won't get stoped out.
---
Today is the day they need to call my rjr
if they don't want to pay me the dividend.
I'm hoping they don't call her.
Jim