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Non-Tech : The Critical Investing Workshop
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To: Boplicity who wrote (29829)8/20/2000 11:09:18 PM
From: RR  Read Replies (1) of 35685
 
Greg: More info. I forgot to answer you on why I picked those particular calls. I prefer ITM calls. They tend not to get the stuffins beat out of them like OTM ones do should the stock turn down. You know that. As I recall, when I bought the 140s, they were priced such that EXTR would have to move only about 17% for me to breakeven, the 160s I think it was about 25%. Not bad for 7 months out on that stock.

That's why I picked those particular strikes.

RR
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