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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Sir Francis Drake who wrote (22940)5/19/1999 8:29:00 PM
From: t2  Read Replies (3) | Respond to of 74651
 
Morgan, I usually lose a little money trading stocks. It is like being in a cash position waiting for the big opportunity in options. I have made money only in options for the past couple of years. I am now starting to smell a huge MSFT options opportunity just brewing around the corner (July,Oct call options). Could easily see 95 by earnings but if case settles --110. I am taking the weighted average to be about 100.

Not a good trading style but I guess I have stick to what has worked for me.

BTW--i missed a fill on July 70 calls due to the surge late in the day.