THE BEST OF IDEA….. Stay TUNED!
To:IQBAL LATIF who started this subject
From: JDinBaltimore
Wednesday, Nov 29, 2000 2:59 PM
View Replies (1) | Respond to of 38316
Ike,
Have you looked at SCMR? I've never seen a chart like that, where it traded through it's last level of support... Kind of
hanging in mid-air!
John
To:JDinBaltimore who wrote (35467)
From: IQBAL LATIF
Wednesday, Nov 29, 2000 3:40 PM
View Replies (1) | Respond to of 38316
Buy 65 calls for July 2001 that will be the best investment you will ever make... Ike
P.S.. I am in Paris in dinner in Paris with best of the french assortments at my disposal so please take it with a bit of
'reserve'... gg JDin take care AND have a good day..
To:IQBAL LATIF who wrote (35468)
From: SpecialK
Wednesday, Nov 29, 2000 4:13 PM
View Replies (1) | Respond to of 38316
Ike,
You're suggesting buying the July 65 calls on SCMR.
They go for 10-11 bucks.
If the stock returns to $100, then great return.
But in the last few days it has broken $50 support level.
Just curious why you're positive on SCMR.
Thanks,
Ketan
To:SpecialK who wrote (35469)
From: IQBAL LATIF
Wednesday, Nov 29, 2000 4:24 PM
View Replies (2) | Respond to of 38316
Ketan.. look at the sector this is the best company in its sector,, and I would ike to take advantage of volatility sell 35
puts or 40 puts and buy the calls but since I am known as conservative no-non sense investor, I would like to think that
even calls alone will work.. however the put call will work great, if these bears wabnt to play I am game however I
would not like to portray simnilar strategy for the thread.... the whole iussue is which side is the volatitly, at the
moment options are wirst play for buyers and good play for sellers but lets do it both ways sell the puts and buy the
calls, Ketan this is one hell of a change of strategy I have been not on the right side of the market since last tw3o
months I feel aggireved but I will be on the top the trades I am putting on will be winners..fwiw humbled like Bush in
the markets..Ike gg
siliconinvestor.com |
