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Technology Stocks : Cymer (CYMI)

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To: Jerome who wrote (23232)10/13/1999 8:28:00 PM
From: esl  Read Replies (1) of 25960
 
If you expect a large price move but unsure of the direction, it's better to use either Straddle or Strangle. You make unlimited profit when stock moves up or down, loss money when stock price doesn't move too much. I think it's a better strategy than cover call in CYMI's situation. Also, you don't need to long the stock, less capital required, higher yield. :)
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