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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (4700)	11/21/1998 2:27:00 PM
From: Chris	Read Replies (2) \| Respond to of 11051

Trades, Sold (yesterday) 2 MSFT 1/99 70 calls@ 42 (bot@ 15 5/8, 2/20/98) 5 MSFT 1/99 140 calls@ 3/8 (bot@ 1 5/98??) held too long :( 2 INTC 1/00 80 calls@ 39 1/2 (bot@ 23 1/2, 2/10/98) November Expired (option writes) 2 PIXR Ccalls@50, sold at 2 1/4 on 11/9 (PIXR closed at 50 1/2, may get called out. 2 PIXR naked puts@50, sold at 1@3 1/8, 1@3 1/2 (expired worthless :-) Now standing at 1/3+ cash. Looking to write more PIXR dec puts next week. Maybe more Ccalls if not called out on Nov options. Does anyone have any experience writing naked puts? Something that was amazing on Friday. PIXR was trading strong all day in the 51-53 range on heavy volume (2x normal = 700k). In the last half hour it dove down from 53 to my hoped for target of 50 1/2. I would just really like to know the mechanics of how these things really happen? I was happily amazed. Good luck to all, may the trend be with you. Christopher