TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: re3 who wrote (30305)	5/30/2002 6:17:45 PM
From: yard_man	Read Replies (2) of 59879

safer play would have been to buy GFI and sell Oct 12.5's --why do you sell out of the money -- you are taking on too much risk for too little premie, are you not? The above position would have been 1.78 premie!! on a position that cost you only 10.72!! -- sun of a gon -- why didn't I do that? <ng> Shoot I think you are on to something here -- I may look at these tomorrow ... especially if the stock moves down some more. That is really tempting. BTW -- What are you gonna do if it promptly drops to 12 something? And GFI is the one to do this on -- HGMCY has no combo that you can do nearly as well with.

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