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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: manny t who wrote (44871)6/16/1999 10:08:00 PM
From: kha vu  Read Replies (1) of 120523
 
Hi Manny t,
Let me emphasize again that this member already owns AOL.
Let asume that this member bought AOL at 100, July put of 105 AOOSA is 8 1/4, ie he could recuperate $825 for each 100 share he owns.
It is bad if AOl falls BELOW 96 3/4 (105 - 8 1/4). Is my calculation correct ? ( he has until third week in July )

Thanks Manny T.

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