SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Brian Hutcheson who wrote (3590)3/11/1998 11:37:00 AM
From: Bald Man from Mars  Respond to of 18016
 
<<I bought sept 35 calls (NNC)
have a good day , charter member bald man's club (Brian)>>

Thank you for your strong endorsement of this dude.
I am pretty sure that your sept 35 calls will be a very
rewarding venture.



To: Brian Hutcheson who wrote (3590)3/11/1998 12:46:00 PM
From: Edward W. Richmond  Read Replies (2) | Respond to of 18016
 
I thought I was smart selling 37.50 March Calls at $1.00 thinking that the stock couldn't reach the strike price by March 20th. I then planned to sell the Calls again to provide a little cash. Now I'm not so sure. I'm learning the options game slowly. Although it is not my preference, if I'm called out I will have a nice profit having bought on the price crash. Lesson learned - Don't underestimate the resilience of battered tech stocks in a bull market.
Any other insights or strategies you may have would be appreciated.
Regards,
Ed (The Overly Cautious Options Trader)