CheckFree Holdings Corp. (CKFR), the next Dell, Intel? Message Board

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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: Rob C. who wrote (8512)	7/29/1999 10:07:00 AM
From: David H. Zimmer	Read Replies (1) of 20297

Look to sell the November 25 puts at $2 3/4 or better. For those who are unfamiliar with this type of strategy, I am giving someone the right to sell me CKFR at $25 per share on or before the third Friday in November at $25 per share. For that right, someone is willing to pay me $2 3/4 or $275.00 per option which covers 100 shares. If the stock goes up I keep the $275.00. If it goes down, I have what is considered "protection" down to $22 1/4 per share.

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