Mattson Technology 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 : Mattson Technology

MTSN 3.600

0.0%

May 12 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ian@SI who wrote (1488)	7/13/1999 10:04:00 PM
From: Jerome	Read Replies (1) of 3661

Interesting Option Possibility with MTSN. As of today the AUG 12 1/2 are trading at 1 3/8 by 1 1/2. These are just barely in the money and with a good earnings report the stock will move above its recent high of 13 3/8. To help this stock along there are two Semi BTB reports between tomorrow and options expiration on the 20th of August. This option play will not be a five bagger. But it could trade at three if MTSN gets back to 14 dollars a share. It does suffer from illiquidity, so what to do? Buy the option at what you consider a fair price and then immediately place a sell order at three good till cancelled. If things go poorly, it is still likely that MTSN will remain above 12 1/2 and hopefully most of your investment will be recovered. Don't bet the house on this, but its a reasonably conservative option play that I believe will work out. Its not a home run but can enhance your return for the month. I refer to these as a two-bit option plays, and have done many of them profitably in the last six months. Good luck, Jerome

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next