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 : eBay - Superb Internet Business Model
EBAY 93.79+2.8%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boplicity who wrote (5599)9/24/1999 9:59:00 AM
From: McNabb Brothers  Read Replies (1) of 7772
 
This is what is so great about selling naked calls instead of going short. I have about a 10 point buffer and only three weeks to worry about it until it expires! Got $7 for the 150, so it would have to go to $157 to loose money if I had it called from me and I had to go short, which I'm willing if it goes above $150! It's amazing how much time value people will pay for a wasting asset that for out of the money with such a short time!

Hank
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext