Broadcom (BRCM) 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.

Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: md1derful who wrote (4533)	11/8/2000 9:22:36 PM
From: BUYandHOLD	of 6531

113? That would be the day. But check this out; If you write a short straddle (Dec)for BRCM @ 150.00, you will pick up $20.00 per contract on the Dec 150call and $18.00 on the Dec 150put (RDWLJ and RDWXJ respectively) finance.yahoo.com If BRCM>150.00 on Dec expiration date you will walk home with $28.00 less BRCM@ 150, say 100 shares. And now for the clincher...drum roll please... If BRCM<150.00 on Dec expiration date it will be put to you @ $150.00. Subtract the $28.00 (from the put/call straddles) and just bought BRCM at 112!! Is that good or what! Note: commissions are less than $200 and the option prices are quotes for today only.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next