JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: t2 who wrote (5587)	1/28/2000 8:28:00 PM
From: taxman	Read Replies (2) of 24042

if anything jdsu options are cheap. the premium you get for writing the option is not worth it. you don't get enough downside protection if the stock drops and if it goes up, it could go way over the strike price. i own yahoo common. with the stock at about 140 i wrote a 270 option. how could i lose? well a short time later the stock was at 500. for a six dollar premium i gave up 230 points. regards

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