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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: J. P. who wrote (15884)	8/8/1998 11:23:00 AM
From: Curtis Brown	Read Replies (2) \| Respond to of 77400

(Keeping my fingers crossed on CSCO, didn't like Fridays 2.5 point drop on volume, my wildest dream is for CSCO to be at 115 by the split, think it's possible??) I feel the same way! I have aug 100 calls at a very high 3 3/4 and I have not enjoyed the moves lately. If next week does not show some kind of upward momentum I may be screwed. What is your position? Curtis

To: J. P. who wrote (15884)	8/8/1998 12:34:00 PM
From: Land Shark	Respond to of 77400

Hi All! I'm looking for an options trading strategy for Options day this month. Aug. 100 puts seem nicely priced at 4 1/2 a pop. Would anyone thing that selling Aug. 100 puts would be a good strategy. Could be worth $400.00 per contract. If you do a maximum pain analysis, the largest OI is at the $100 mark for the calls, which, makes it likely that CSCO will converge on $100.00.