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


To: Electric who wrote (34023)1/26/1998 9:35:00 AM
From: Kevin  Read Replies (1) | Respond to of 58727
 
>>>I was wondering where you were, IBM is below 100, but this time due to earnings. I bought 2 Feb 100's and they are underwater as of now, but I still have 4 weeks.<<<<

Hi Electric. I missed the ride to $108 even though I told Sal Habash I was going to play it (about a week and a half ago). Oh well....at least I can play it again today since it's basing at 100. I'll probably sell puts again...been working for me so far.

>>>Your April CPQ'ies are comming to life, post split.. I hope you are still holding them, you are a few points from profitability.<<<

Pretty scarey, huh? I may add to this old position to bring my average cost down. I still think I can make a good profit with this one...just not at my current buy price...

>>>I hope you get feeling better and can rejoin me soon...<<<

Thanks. I should be around most of this week.

Take care.