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

To: Tom Trader who wrote (31140)	12/12/1997 4:27:00 PM
From: David	Respond to of 58727

Thank you much Tom for the help.

To: Tom Trader who wrote (31140)	12/12/1997 9:05:00 PM
From: Roman	Read Replies (1) \| Respond to of 58727

Hi Tom, Seems that you know a lot about options. Maybe you can help me out a little. I have picked up some Newbridge Netowkrs shrares on TSE at 60 bucks. Shortly, stokc plunged to 50 level. Did not knwo what to do, so I sold a few Jan calls for a buck. Today, in the morning I though that ther is no way NNC will go below 50, so I wrote a few naked puts for Jan. Now, I am really worried that I have done a terrible mistake. Would you be able to comment on my actions? Tnanks, Ross (nyse:nn, tse:nnc).