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.
Strategies & Market Trends : Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jill who wrote (2210)2/3/2000 7:30:00 PM
From: steve mamus  Read Replies (3) of 8096
 
OT IMHO
Selling puts on corning (GLW)
CNN moneyline tonight - largest fiber optic cable provider, will provide 80 % of their revenue next year. Announced plans to increase manufacturing capacity with 2nd major manufacturing upgrade in a year (newest manufacturing upgrade 750 million); apparently all of their fiber optic cable for the next 2 years of current manufacturing capacity already sold; P/E 1/3 of JDSU. This is a no brainer. I have sold 80 contracts on JDSU recently and 30 on GLW last 2 days when GLW went from recent hi of 172 to 147 closed at 152 today. I sold Sept 110's and plan to triple my position in GLW. This company IMHO is the mouse that roared...Also started position in IBIS tech today...anyone know much about this company???proprietary technology with putting oxygen on silicon wafers - discussed on SI several days ago...recent agreement signed with SAMSUNG. Interesting chip technology. Sold some puts and started a small position.

Chips
BRCM
TXN
TQNT
CNXT
PMCS on fire

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext