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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Al Chechatka who wrote (8508)5/7/1998 2:48:00 AM
From: Dale Baker  Respond to of 18691
 
It's almost impossible to short ENMD, but yesterday I bought Nov. 15 puts which almost doubled by the end of the day. ENMD traded around 15 before all this hype; it should drift back to that range soon. Then I will sell the puts to cash in on the premium.

If anyone is curious, ENMD Nov. 15 puts now trade at 1 1/8 x 1 1/4. Wish I had bought more.