am I whacko...or are those premiums on the 03 slightly OTM sunw leaps, dirt cheap??? In looking at most all major tech stocks ( quality one's) I cannot find anything with such cheap premiums on the 03's.......only $6 and change and all it needs is to fill the gap from two weeks ago at $35 to be ATM....conversely, that same $6 and change would only buy you the 03 120's for jdsu, while jdsu now trades 42ish...pretty far OTM......
Am I crazy for buying these sunw leaps....RR, you out there?? $6 and change...seem's like pretty limited downside...plenty of time, and all I need is a little run to make some $$'s.....a nice run and I can make some nice $$'s....anyway, I figure with a $6 premium, two years and all it needs is to fill a gap from two weeks ago on the upside, these are a good buy in this market. Heck, if sunw keeps falling, I may sell one or two things and keep buying the leaps about $10 OTM......my guess is within two years, sunw gives me a chance to make a few $$'s....whaddya think?? Heck, I was looking at jdsu and ntap calls a few months out that were far more expensive then those sunw 03's.....hmm......load the boat or not, that is the question!??!....Hope we get a little buying in the close....qcom getting smashed on very light volume...... |
