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.
Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Emile Vidrine who wrote (15102)9/29/1997 11:01:00 PM
From: P.T.Burnem   of 61433
 
Emile,

One could easily get ASND for ~$25 or less tomorrow morning at the open by either selling naked Dec 30 puts or buying the stock and selling Dec 25 covered calls. Hey, I got it @ $26.25 during the previous sell-off when the stock bottomed out @ ~$32.5.

I am not sure that buying ASND @ $25 is such a good idea though.

Good luck,

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News