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 : How high will Microsoft fly?
MSFT 506.00+1.8%Nov 10 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J. P. who wrote (30343)10/2/1999 1:24:00 PM
From: rudedog  Read Replies (1) of 74651
 
J.P.
Did you notice that Erin Arvedlund got this exactly backwards?
Microsoft's option program involves selling puts, which are generally thought of as bets that a stock will fall.

No, Buying puts is a bet that the price will fall. Selling puts is bullish - if the stock stays above the strike price, the seller keeps the premium with no obligation.

Where to they get these people?

BTW I thought the quotes from Adam Benowitz were pretty sensible...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext