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 : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: alydar who wrote (51256)10/16/2000 3:07:48 PM
From: rudedog  Read Replies (1) of 74651
 
Bob - my SUNW plays this year consisted of buying ZJXAP Jan 01 80 LEAPs in January and selling most of them in late March. In late May I sold Jul 70 SUXSN puts and bought WJXAP Jan 02 80 LEAPs. I have taken about half of the original stake off the table. The first play netted better than 3X in about 8 weeks. The second is currently at a 250% gain figuring only the LEAPs. If I include the fact that those LEAPs were 50% financed by the sale of puts which expired worthless last July, the second trade alone is 500% ROI.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext