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jenna

03/29/04 12:05 PM

#22019 RE: jenna #22018

QCOM, NTAP awesome, first time we picked up the 65 calls prematurely and had one or two bad sessions but they are soaring as is QCOM the stock. We got the rally on the button (which was gratifying) since Wednesday by 10:00 all our put positions (except LEN 52.50 puts were closed or covered) We didn't wait around arguing about when the rally would be, we just went in bought without the hoopla and megaphone on WHEN we'd rally.
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jenna

03/29/04 12:16 PM

#22023 RE: jenna #22018

OSUR DISH ASKJ and TKTX still shorts in incredibly up day. They were begging to be shorted. (DISH already a swing short) OSUR and TKTX at the gap up (both have options so you can play the move up now if you like) Why short in an up day? Because no gap to contend with, the gap up worked for us to get a stronger short.

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jenna

03/29/04 12:26 PM

#22024 RE: jenna #22018

DNA $2.80 to $4 and its only 12:23! not exactly a penny stock but we tried for it on Friday on long list and wouldn't give up today for the call options which were a screaming buy. Hopefully we get a 2 day rally that continues here either way we buy a full amount of calls and lock in profits only on about 1/2 to 2/3 later in the session depending on how they go. Had DNA moved down today we would have just picked up the puts and let it run to 100, but it finally broke to upside.