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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Gary Wisdom who wrote (5186)	6/27/1998 7:46:00 PM
From: MileHigh	Respond to of 93625

Gary, RE options, you had to rub it in didn't you <g>. Yes options can be VERY, VERY lucrative. I have thought about buying some puts on the next run up. Try and lock in at the high, if it goes higher, I still hold my stock and am out the premium...Conservative play, but I thought for a minute around the 60's this week, but decided not to, could have closed the puts out for a gain....Just a few thoughts..But RMBS is SOOO volatile, I would never sell covered calls!! You would be locked out of the big moves up...Waiting for next week!! MileHigh