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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Nancy who wrote (30048)12/3/1997 9:33:00 AM
From: Kevin  Read Replies (1) | Respond to of 58727
 
Hi Nancy. You've been watching this one like a hawk! What type of position are you planning on taking? Shorting puts? Long calls? Long stock? Just curious.

MF has shown a steady decline over the last 3 months and so has the stock price. There's no divergence. This is called "better selling" on a table that I use.

On another note, if ORCL test $30 a few more times and it holds, I may short puts. Just a thought.

Kevin



To: Nancy who wrote (30048)12/3/1997 9:52:00 AM
From: j g cordes  Respond to of 58727
 
Nancy, FWIW I'm getting long term support on ORCL at 28ish (2 year), which coincides with recent spike low. Also last year, the December earnings dropped the stock.