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Technology Stocks : Scientific Atlanta -SFA- going up ???

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To: scope who wrote (161)11/5/1997 2:27:00 AM
From: kili  Read Replies (1) of 1045
 
Scope,

Seems like sound advice. I'm fascinated by the simple option game (not into advanced strategies), and have already made a tidy (hopefully lasting) profit on SFA March and June 20 calls.

With volatility being a major factor here, I'd like to find a stock where I can buy both calls and puts with the same strike: Thus gambling on a future price of the underlying stock being much higher or lower than today. Ideas? Problem is, of course, that if it's already volatile, the price on the options will make such a run prohibitive.

Kim
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