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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Mighty_Mezz who wrote (14084)4/4/1998 1:32:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 31646
 
I never covered. The only thing that has saved my ass in Yahoo has been a strategy of selling puts on the way up. The stock has been so volatile that the premiums have gone into orbit. On the last runup from 80 to 105 I rolled out of the April 80s all the way up to the 100s. If I cover my entire position now I would take an average 18 point hit (roughly $90K loss).


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