Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 7.887

+0.7%

Dec 31 3:59 PM EST

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To: Ed who wrote (2470)	4/4/1997 8:16:00 PM
From: HPilot	of 3256

You can protect your downside and still have an upside past 7 1/2. Simply buy an equal number of Oct 10 calls with the cash you recieved from selling the 7 1/2 calls. You even leave a bit on the table for the guy who bought the 7 1/2 calls.

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