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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: Paul Merriwether who wrote (25363)2/10/2000 9:08:00 AM
From: Peter Church  Read Replies (1) of 27307
 
I don't like selling calls for more than a day trade, ie. close by the end of the day. Selling calls, you may get the premium (if your lucky) but your upside is limited. With stock volatility like we have here, buying puts may be safer and more profitable too. The margin requirements for a high priced stock are too large when shorting calls.

I do expect more profit potential on the short side of YHOO than long. But, then its a question of execution. Not a piece of cake if you want to be aggressive.
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