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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!! -- Ignore unavailable to you. Want to Upgrade?

To: Jurgen who wrote (132)	12/12/1997 6:56:00 PM
From: Mike McFarland	Respond to of 1100

MSFT puts...sold 2 Dec140's for nice gain at $4...and put the stop loss at $3 for my remaining 3 options (just today...I will just gamble Monday and see what happens). Now the original 5 have been paid for...and either profits run Monday or I am back to where I started. In retrospect, MSFT is probably not volatile enough to play with puts...I was surprised that MSFT didn't gap down $10 in Europe early today. Oh well, plenty of other things to short if we see a blowoff Santa or January rally.