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Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?

To: James L. Fleckenstein who wrote (484)7/13/1998 4:30:00 PM
From: max  Read Replies (1) | Respond to of 5102
 
As options expiration comes up, don't we usually get beat up in this stock?

Looks like they are having a tough time holding this one down. Seems to me like there is a lot of pressure building. Should blow next week. Too bad your 5's will expire before next week.
Max



To: James L. Fleckenstein who wrote (484)7/13/1998 10:12:00 PM
From: TTOSBT  Respond to of 5102
 
Re: " I am holding a modest profit on my July 5s and am debating selling before the run-down. Any thoughts?"

You could do a "SPREAD" of your current month to a later month for a fix debit i.e the difference between the current month's bid and the later month's ask price. That would keep you in the $5 strike. Keep in mind a "SPREAD" is filled only when both sides of the trade are matched.

Lots of luck

TTOSBT


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