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Non-Tech : Raptor's Den

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To: yu who wrote (3849)9/27/2002 4:57:12 AM
From: mish5000  Read Replies (1) of 10157
 
Hi Yu, yes indeed you are correct, but I would prefer to start racking up the points sooner rather than later. The 45's will start being "in the money" a lot sooner than the 30's - and if MSFT decides to halt it's decline at say $31 instead of $15 I can still exit for a nice return.

Also, on any sustainable rally on the COMP - MSFT will trade between 45-55.... If we went to 55 again, the 30's would be too much "Vegas" for me.

The more out of the money you go, the more risky the play becomes - therefore naturally the higher the overall % return if successful. I'm just being a little more risk conservative - just in case.
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