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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: santhosh mohan who wrote (10631)	11/21/1997 11:12:00 AM
From: Beachbumm	Respond to of 45548

Well, my head is spinning on open interest. I'll give you that one. I take comfort in the statistic that 80% of options expire worthless. So I like to sell them. Ideally, I would purchase an upstrike call to protect against a runaway freight train and a downstrike put to protect against a falling knife. In reality I usually grin and bear it and bite my nails. Did VERY well this year. Until October. Now I have some dogs (like COMS) so will probably do some tax loss selling after December expiration. Regards, Beachbumm