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 : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Holtzman who wrote (1950)6/20/1999 9:41:00 PM
From: Keith A Walker   of 6531
 
Since I own the stock and don't mind accumulating more, I am always comfortable selling the puts. The premium on BRCM usually makes up for the commissions anyway.

As far as the bid/ask is concerned, I have found the best way to deal with that is split it close to the middle and wait out the day. Doing a market order on BRCM's options is a good way to lose an 1/8 to 1/4 depending on the day.

I regard the scenario I described as just a little icing on the cake for us longs.

Good trading!

P.S. FredE, the Sabres got robbed!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext