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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (18129)4/20/1999 3:55:00 AM
From: GST  Read Replies (1) | Respond to of 25814
 
Eric

You have a great strategy. Mine is dead simple -- play the lead month. I am doing nothing more than buying April 35 calls. I have been trading options for some time and have never progressed to the straddles and selling of puts and calls that you engage in -- although maybe it is time I did. Your thorough explanation makes perfect sense and I think it is a winning strategy with this stock. I also like your time horizons which provide stability lost in the short term trade. You are playing a trend, and I think you are on the right side of the trend. Good luck on your trades. Maybe I will follow in your footsteps. And thanks for the post.



To: E_K_S who wrote (18129)4/20/1999 7:48:00 PM
From: GST  Respond to of 25814
 
Eric -- bought calls at the open and had a good run today along with the stock. I also own the stock with an average price of about 23 something. Didn't catch it near the bottom. But I love the ride now. I think this thing has good legs and plan to try both short term and long term gains through calls and stock respectively.


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