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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Sowbug who wrote (41359)3/27/1998 6:08:00 PM
From: Samuel Wayne Turner  Read Replies (7) | Respond to of 61433
 
Options on Ascend:

Could someone please post the options prices on Ascend. I bought 20 april 35 calls this week at 1 3/4 and still have 10 september 35 calls I bought at 5 1/4. I need to be able to hold some more calls before this thing becomes a rocket ship and I miss the boat. I am relatively new at options play but am thinking I am better off playing say options 2-3 months out which I can purchase more of than options 6-7 months out that are more expensive because I believe our big run up is starting and 3months should be enough time. Thoughts or advice?? Also, i am holding 2k shares at average price of 37.5



To: Sowbug who wrote (41359)3/27/1998 10:24:00 PM
From: Glenn D. Rudolph  Respond to of 61433
 
I sell March 70 covered calls on Yahoo. Within the next 48 hours it goes up
22 points to 91.


You may wish to short YHOO now......

Glenn



To: Sowbug who wrote (41359)3/28/1998 9:54:00 AM
From: Jeff Jordan  Respond to of 61433
 
sell April 40 covered calls on Manugistics.Four trading days later it goes
up 15 points in one day to $53.


Who is this? Everyone makes mistakes. <g>