Gemstar Intl (GMST) Message Board

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Technology Stocks : Gemstar Intl (GMST)

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To: Brian Sullivan who wrote (1442)	1/10/2000 3:46:00 PM
From: TigerPaw	of 6516

GemStar is up 12% I am learning why selling puts seems like easy money, but it is not. I got some good $$ by selling Jan $70 puts, the problem is that I could make more money owning GMST. It looks like the puts aren't going to get me any stock but it has my margin all tied up making it difficult to bring myself to buy. I suppose the answer is to buy back the puts but I find myself reluctant to pay money for something I think will be worthless. TP

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