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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?

To: frank 3 who wrote (3590)9/23/1998 4:24:00 PM
From: L.B.Nguyen  Read Replies (2) | Respond to of 12623
 
Congratulation on your trades, very good timing. Barring any merger announcement, CIEN will retest 13s to weed out some hands and do the "higher high - higher low" dance to mid 20s. I will buy back my other 50 OCT12.5 calls near $13.75 then either buy some long term CALL options or sell naked PUT, in the money, like APR99 25.

I am thinking of getting Level II. The benefit seems to justify the cost of $50/month.


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