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To: trouthead who wrote (12620)7/10/1998 3:05:00 PM
From: Hiram Walker  Read Replies (1) | Respond to of 27307
 
Junior, its going to be a long weekend,time to think. I am going to go over all the leaps,and see what I can uncover. It sounds very reasonable to straddle these things with leaps. Less risk than a short,harder to manipulate,and has a time frame that I can live with. I won't get short squeezed,and the volatility the day before and after earnings on things like YHOO is enormous. You just have to attach yourself to the screen,not much time to go to the bathroom,or go to Subway. But I think its pretty sound strategy with today's volatility. Watch it dry up next week,and I blow away,or get hung in the wind.YHOO has been trading each day in a 10 point range,you could make money all day straddling it. I would rather straddle something else though.
Hiram