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 : Wolf speed
WOLF 21.03-8.0%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pescador7 who wrote (2043)2/13/2000 11:52:00 AM
From: RocketMan  Read Replies (2) of 10714
 
Interesting you should mention the strategy of buying puts as a way of starting into cree at these levels. I think if I was out of cree and wanted to get in, but was afraid of the recent run-up, that is what I would do. I am long on cree, and have both common and June 85 calls, but I bought some June 110 puts the other day as a hedge. I think there is more of a chance of a pullback than there is of a continued run. So my plan is to sell to close the puts once it pulls back around 20% and use the proceeds to buy some more calls. I don't think I would go out as far as Septmber on my puts, though, since any pullback I would expect to occur soon and to be short-lasting. Of course, since that is my plan, it will probably keep running :-)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News