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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (2738)9/10/1998 11:07:00 AM
From: Alias Shrugged  Read Replies (1) | Respond to of 14427
 
Last week I bought 20 Jan ABX 20 calls. I am now planning for profit taking.

I just bought 40 Jan ABX 30 calls for 1/4. If ABX runs up hard over next month or two (or next week ?!?), I will take my profits by selling the 20s, and let the 30s give me the upside exposure.

LT - where is your cash?<G> Are you concerned about money-market sweep funds which your broker uses to invest your cash?

Mike