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Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?

To: scotty who wrote (864)3/16/1998 12:44:00 PM
From: zx  Respond to of 2341
 
hi Scotty, just added a MU put for an earnings play.
mar 37.5). my reasoning is that the chip stocks have warned,
ie INTC and MOT. NSM didn't do much with their report either.
still have my MU april puts.

NKE is cutting workers, and this should help the stock.

my OEX put is balancing my long positions.
market could correct at any time.
will try always have a broad market put in my account.
puts and calls.
my account is going up, steady and sure. (g)

the ANF aug calls are a sure winner. ag



To: scotty who wrote (864)3/16/1998 5:30:00 PM
From: zx  Read Replies (1) | Respond to of 2341
 
hi Scotty,

MICRON ELECTRS MUEI -0.05 0.30 -3.0%

MICRON TECH MU -0.23 -0.14 0.68 .

looks like MU missed bigtime. SEA problems.
more info later. i think we will be okay with puts.

the last few minutes the dow went up,
but my longs came down . ag


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