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To: Bonnie Bear who wrote (12980)1/11/1998 11:17:00 PM
From: Brian Moore  Read Replies (2) | Respond to of 18056
 
Bonnie, I have a strategy question and would appreciate hearing from you and any others on this thread that might still be up....

I have some JBIL puts that expire at the end of the week - strike price of 35.

On Friday JBIL fell 3 3/4 (to 35 1/4). The puts moved up to 1 1/2.

I am not in a position to follow the market minute by minute, so I must put a sell order in at market or a specific price.

What strategies do you think I should consider? TIA.



To: Bonnie Bear who wrote (12980)1/11/1998 11:19:00 PM
From: Elllk  Respond to of 18056
 
Bonnie

Is this some cruel streak that leads you to confront the FED with reality at a time like this?! <g>

Larry



To: Bonnie Bear who wrote (12980)1/11/1998 11:49:00 PM
From: Simon  Read Replies (2) | Respond to of 18056
 
<<< this meltdown.>>> Outside of the shorts I'm holding, it is tough to find new short sales in the Tech sector. They all melted down. except one and it's looking better daily.



To: Bonnie Bear who wrote (12980)1/11/1998 11:50:00 PM
From: Simon  Respond to of 18056
 
<< Ouch!>> SI seems to be working much better now. All it did 2 hours ago was crash.



To: Bonnie Bear who wrote (12980)1/12/1998 6:55:00 AM
From: tekgk  Read Replies (2) | Respond to of 18056
 
Looks like my decision to take profits on my puts on Friday was not so smart. Looks like another serious down day today. My short term turnips and tea leaves said bounce early this week and decline late in the week or early next week. So much for turnips and tea leaves. Zeev have you found some new turnips out there yet? -g-