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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (51149)8/30/1998 4:01:00 PM
From: Sundar Rajan  Read Replies (2) | Respond to of 58727
 
lisa

Are you still in INTC calls. It is deja vu all over for me again. I blew a $100000 profits last year with too many aggressive option plays. This year I tried to be very careful, ran up nice profits first week of august but once again am stuck with a bunch of INTC Oct 90 calls and some totally wasted CCI sept 155/165 calls.

I am also tempted to do a gamble and sell sept covered calls above my strike price - may be a INTC sep 85 and CCI Sep 140. Risky but neither of them look like they are heading back anytime soon.

any info appreciated.
thanks
sundar