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Technology Stocks : Santa Cruz Operation (SCOC) Going Up?
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To: Zainul Hamza who wrote (411)11/20/1999 5:59:00 PM
From: Gustaf  Read Replies (1) of 656
 
Zainul, regarding SCOC options :

Selling the Apr 12,5 puts and buying Apr 15 calls sounds good; In case of a thermonuclear threat from aliens and a collapse on Wall Street, you'll have to take delivery of the stock (in your case 1000 shares), which isn't a disaster.

Re my position : 30x Apr 15 and 50x Dec 15 ($10k)

Regards
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