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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?


To: margin_man who wrote (21905)3/19/1998 8:49:00 PM
From: Robert Ague  Respond to of 36349
 
I've been playing with the MM's the last 5 months since PAIR tanked from around $31. I just look at the open interest around 3-4 weeks prior to expire and side with the casino, sell covered calls at the strike with the most OI. I've made good cash this way. Question is, now I'm concerned about the upside/takeover spec/Lucent sympathy. Anyone selling Apr 20's/22.5s?

Rob