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Technology Stocks : Intermagnetics (IMG)
IMG 0.229-1.0%Nov 3 3:53 PM EST
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To: pezz who wrote (3380)11/12/2000 10:00:42 AM
From: Alfred W. Post  Read Replies (1) of 3448
 
I just see that there are option traded on IMG. With the obvious unsertainty in the market, what do you think of the idea to sell some covered option, like strike 30, expiration 12-16 at the going price of $2.50. If you would have to give your shares you would get $32.5 or a 11.8% gain in about a month. To me this is not bad and if you do not have to give them, you keep the $2.5 and can repeat the game in December. Fred
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