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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (7978)11/24/1997 1:38:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 21342
 
steve--

not for WSTL. the swings in it are pretty big.

good luck to all,
trey



To: SJS who wrote (7978)11/24/1997 6:56:00 PM
From: Timothy K Robbins  Read Replies (1) | Respond to of 21342
 
Steve

If you believe WSTL will stay between 15 and 20 between now and Mid-December, you can sell a Jan 20c and a Jan 15p.

In Mid-December, the time value of this spread will have eroded by about 1/3 to 1/2, then you can close it for the profit of the time-value (less commissions).

Looking at the last three weeks, I don't think this one going to be very quiet.

GLA

Tim


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