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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: jef saunders who wrote (19188)	5/27/1998 12:28:00 AM
From: Bull RidaH	Respond to of 94695

Jef, The Dow option base symbol is DJX, and June puts are "R". I'd be looking at the 8700 strike, which is "I". So the whole symbol is DJXRI, and they're trading at 1 now. I think they could be bought on a bounce in the next couple days for 3/4 or 7/8, and will probably be good for a double or a little more. I'd move right into July Calls (DJXGL-July 9000)when the correction ends, for the serious money. Regards, David