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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 160.55-4.8%Dec 12 3:59 PM EST

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To: willcousa who wrote (9308)1/18/2001 12:57:54 PM
From: Ian@SI  Read Replies (3) of 10921
 
IMO, writing PUTs is better than buying CALLs in the sense that Time works on my side.

My upside is limited to the Premium I take up front: whereas theoretically, the upside to a call is unlimited.

If I'm wrong, I roll out and down until I'm right. With the Calls, one has a measurable risk of losing everything.

FWIW,
Ian.
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