VOLTAIRE'S PORCH-MODERATED 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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RR who wrote (2746)	9/21/2000 1:14:00 PM
From: im a survivor	Read Replies (1) of 65232

Porch Would like to get any comments on a move just made. Sold some shares of SSTI. Locked in a nice profit. Remaining shares are free, or very close to it. Took proceeds and bought ssti jan calls with 30 and 35 strike's. Knocked a few bucks off margin at the same time. So< i locked in profit on ssti previously bought, but now control more shares, and knocked a few dollars off of margin. I would assume, as long as ssti is higher in january, it was a good move....lower and it was not. Comments anyone ??? Additionally, I am looking to do the same with one or 2 other stocks....mainly jdsu right now. I could sell, double up with calls and eliminate a nice chunk of that dreaded margin......any ideas on what months and strikes to look at with jdsu would be appreciated. Keith@anotherdayinaweirdandwonderfulmarket.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next