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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?

To: taxikid who wrote (3254)	1/6/1998 9:54:00 PM
From: john defreitas	Respond to of 4339

taxikid, i looked them up today and they do seem to have a stiff premium. i have gotton burnt once by aol. i have also bought some intc jul65 and 70 puts...i have this feeling that even if they meet number, post comments will be bearish. i find there are too many big players who either sold out of intc or are sitting this quarter out. it will not take much of a cautious statement to knock this down into the mid 60's, but that's just my opinion. i also bought covered calls feb60 on my core holding. and lastly i am watching sunw....its had a nice pull up the last few days, earnings come out jan15.....i have yet to see a teck stock beating earnings and i doubt any will have much positive to say regarding the next few quarters...again, just an opinion...any thoughts? i have had my entire portfolio under covered call for last 3 months. regards,john