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To: Richard Russell who wrote (28195)2/12/1998 8:59:00 AM
From: Patrick Koehler  Respond to of 53903
 
RR - re: your post: Do you think a reversal is likely after exp.? RR
I am biased to the upside at this time of the year, because of past MU patterns. However, MU sometimes peaked in Feb. for the 1st qtr, but more normally in March. At the moment, I've been holding Feb calls while I traded long and short in stock. In the next few weeks, I will stop holding options, and trade 100% in each direction with stock and options, and will not hold options because no one, even Kurlak, knows how MU will move. So, if MU changes trend directions, I don't want to get caught hanging on to some options to expire worthless.
Patrick