Cityscape Financial (CTYS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Cityscape Financial (CTYS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: lisa who wrote (1035)	10/17/1997 8:50:00 PM
From: Rational	of 2544

Lisa: Personally i am going to try to sell the January 7.5 calls for around 2.00 dollars that way theres no tax consequenses for 1997, and you get 7.5 dollars for every 4.0 dollars you invest 6-2=4. Your analysis looked too good to be true. The Jan 7.5 calls traded today for 7/8. webservices.pcquote.com Thus, your investment will be 6 - 7/8 = 5 1/8 for a cash flow of 7.5 if the stock price exceeds 7.5 by January. While this cuts the cost of a share to 5 1/8, you are forefeiting the price moves exceering 7.5. The downside risk is unchanged, only the upside potential is forefeited. On the options, E*Trade charges $35 and 1.95 per contract. If I am convinced about options, I will try the rapidtrade -- thanks. Sankar

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next