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Technology Stocks : Texas Instruments - Good buy now or should we wait? -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (3762)6/18/1998 12:47:00 PM
From: otter  Read Replies (2) | Respond to of 6180
 
June options expire tomorrow, right? Well, it seems to me that if I were holding June 50 (or 55) calls; and if today TXN rose 3 pts to a high of 54, I would get right out right now. (at least that's how I see it from my own set of rose colored glasses....)

On the other hand, I screwed up today. Saw weakness in the am & said aw s____ another down & sold my calls (leaps), because I've had a small streak of buying a little low and selling a little high for a change. Ooops. Saw the rise, did some checking & got back in after losing 2 1/2 points of the share price. Right at this specific instant in time, I'm even for the day.... Remember all the cautions about trading rather than investing? A good example.