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.
Non-Tech : The Critical Investing Workshop

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RR who wrote (21446)6/4/2000 3:55:00 PM
From: bonnuss_in_austin  Read Replies (1) of 35685
 
RR: May I ask you a question re JDSU LEAPs:

I have about a 22% profit within oh, 8-10 days or so, on the '02 130s. Think I should take profits (if they hold up tomorrow a.m.) or not? I can let this particular position ride throughout the duration of the LEAP. (No margin pressure or anything like that). Also, if I do sell, would likely get into something closer to the money, of which you have described pros/cons.

Another note: They're (broker) not going to "let me" sell covered calls on them; claim they "can't" because these LEAPs are in an IRA, which may or may not be accurate in itself. I'm in process of getting approved with them for naked options.

Thank you and all.

b-i-a
###
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext