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 : Oracle Corporation (ORCL)
ORCL 164.58-2.6%Jan 30 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim O'Brien who wrote (12439)11/12/1999 9:05:00 PM
From: Charles T. Russell  Read Replies (1) of 19080
 
If you'd like to protect the profits against a probable late Nov NASDAQ correction you could buy some Jan or Feb puts at 65ish. Good hedge against the position your tempted to sell.

If the stock sells off, close out the puts, put a little less profit in the Uncle Sam's bag and hold onto the low cost-basis shares. I'm pretty confident that ORCL will be in the 70s by Jan.

You could short the box by the number of shares you're holding but the downside is a little steeper there.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News