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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (6089)3/4/2000 10:50:00 PM
From: Jill  Read Replies (1) of 35685
 
Hi Volty...

Even if you get called away on ELON that's not so bad, is it? You keep the premium. What strike did you write the calls, and what price did you buy in at?

What do you think of premiums on AFFX? It's a biotech--a good one actually, as it makes the chips necessary for gene therapy research; it's really volatile, just broke out to new highs and will likely retrace. Premiums are really rich. I probably will write puts as soon as it retraces a bit--I almost did before. But call premiums are nice too, if you want to buy enough to write them.
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