MicroStrategy Inc. (MSTR) Message Board

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Technology Stocks : MicroStrategy Inc. (MSTR)

MSTR 255.01

+3.3%

Nov 5 3:59 PM EST

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To: Kid Rock who wrote (454)	3/21/2000 4:54:00 PM
From: Turs	Read Replies (2) of 717

Kid Rock - my rough estimate is that you could have bought those puts (depending on the month) for about 3/4 to 1. They would now be worth around $25-30. So, you would have made around 30-35X your money, or over $300,000. I may be underestimating how low the premium was on those options prior to the blowup. $10K is a big bet on a wasting asset and I would not have bought my second batch at such an out-of-the-money strike. I'm now up about 7-fold on the first batch bought in January (strike of 75) and about 10-fold on the second batch bought a week ago (strike 175). Hope you catch the next one. Turs

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