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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Xerxes Wania who wrote (4179)4/21/1998 10:15:00 PM
From: SFgymrat  Respond to of 18016
 
Thanks for your comments. It doesn't look good for my NNEG May 35's especially considering todays drop. However, I was able to sell the 40 ASND May 50 calls I bought yesterday for 1/4 today for 7/16 for a nifty $750 minus commission profit. I may sell the 20 NNEG's for 3/8 if the stock rallies this week.

Steve



To: Xerxes Wania who wrote (4179)4/23/1998 1:37:00 AM
From: Dennis J.  Read Replies (1) | Respond to of 18016
 
Nice call position!

An ITM $20 call at little to none net premium. And aren't you happy if the $40 call you sold actually turns out to be a winner for the buyer.


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