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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: Robert T. Quasius who wrote (8657)7/9/2000 11:59:47 AM
From: Shaw  Read Replies (2) of 9068
 
Robert, this is an interesting strategy for getting back into Citrix before my 30 day tax selling period ends. I was thinking of buying calls, however your strategy offers some dynamics I hadn't consider, thanks for sharing this. Firstly, you pick up cash, secondly there is a good chance you shouldn't have to do anything, except let the Dec. 20 option run out.I personally want to be long in the stock, so I could see buying calls with some of the money gained from selling Dec. 20 puts. Any input would be appreciated, as my level of skill when it comes to options is limited to relatively small amounts of long calls.
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