Ask Michael Burke Message Board

STOCKTALK

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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (78349)	3/22/2000 6:06:00 PM
From: Terry Maloney	Read Replies (1) of 132070

Michael, what strike price would you be looking at for a second third of MU April puts? A simple-minded application of your '10-bagger or bust' philosophy would lead me to the 100's, in that they would require the least drop in the stock -- to ~ $87, based on today's closing ask of 1 1/4, whereas higher or lower strikes would require greater drops to achieve 10-bagger status. Obviously there's more to it than this ... (if you were sure it was going to be at $6, loading up on a ton of 55's at 1/16 would be the way to go. <g>)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next