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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. E2u who wrote (22025)9/23/1998 12:08:00 AM
From: joe  Read Replies (1) | Respond to of 45548
 


Brad,

>>Things look good for tomorrow and even more so for the long term. Because I have over 20 grand in oct calls I will probably sell near the open and then buy back shares or some Jan calls on a dip. I know that the call premium will be going down after the earnings are digested and I want to get out so I can buy myself some more time and enjoy the new UPTREND that coms should be riding.<<

About the options. I noticed towards end of the day today, the
options prices went down. And maybe, like you said they
will go down in morning after profit taking I assume? But,
OTOH, won't there be new options buyers, kicking up prices
even more by the end of the week.

Or do you look at options as something you take profits in ASAP
because of the volatility?...another words, profits can quickly disappear from you. Better to play safe?

good luck,
joe