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 : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Stewart who wrote (2333)12/23/1999 10:59:00 PM
From: Ian@SI  Read Replies (1) of 3661
 
John,

I hate giving someone else the premium. I prefer to collect them.

i.e. - I took my customary MTSN dividend on the Feb 15 PUTs which opened this week.

My guess is that the Fed meeting risk at their Feb 1-2 meeting will be offset by MTSN's stellar earnings.

I'm also short PUTs for a couple biotechs that I'd love to own at the strike price that go out beyond the Feb Fed meeting.

My BUY and HOLD mindset has me ill-equipped to handle most option strategies.

Since I started more aggressively selling options near the end of June, the specialists have been kind enough to give me $80K. I think I'll cut down on the risk I'm taking next year and shoot for not much more than that throughout the entire year.

Or I might even decide to take an extended vacation from my daily routine.

Retiring has turned out to be a lot harder work than I'd intended. ;^)

Best regards,
Ian.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext