SI
SI
discoversearch

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.
Strategies & Market Trends : Giant LEAPs...
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William H Huebl who wrote (133)5/3/1997 6:54:00 PM
From: Rick C.   of 315
 
Bill~Thanks for your candid response. I've been following other thread too, and understand reasons. We're lucky to have OJ's enthusiasm and strategic views. Plus, he is a real 'corker', as those tar-heels around here would say.

My cheap puts on Nvls are fun, and they aren't the grocery money. The way this colt moves, you could do worse than to always have a cheap put and call collar on it. Could you imagine the nerves it would take to actually buy the stock?

Your inferences on MO would lead me to try for June or July calls. I'll keep an eye out for <37 close.

Not that I can claim any particular expertise, but I've found cheap puts to be a rewarding defensive play in this type of market since mid-Feb.

Good luck this week, and keep that valuable info. coming, please.

Regards,

Rick
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News