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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: AlanH who wrote (43340)5/16/1998 7:41:00 PM
From: Alias Shrugged  Read Replies (1) | Respond to of 58727
 
Hello AlanH:

******Last week, the action became too large on the radar screen to ignore. I established a hedged position, and *****

Hedged positions hold great appeal for me given current market conditions. Too freaked out to go long -- too beat up from shorting.

I set up a hedged position on GTW over the past 1-1/2 weeks, using June puts, calls and stock. Total position is currently slightly in the black. I now need a decent move in the stock in either direction.

I would like to set up one more position for June. MU might work out. I prefer long puts and long stock.

Mike