Tech Stock Options Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Tech Stock Options

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jerry Olson who wrote (16793)	7/24/1997 9:25:00 PM
From: Chris Reaves	of 58727

Sorry for the confusion Jerry. Yes I do own the stock (a rather large position). Considering selling covered calls. Dont want to exit just yet as I feel there is a lot of upside potential once it is announced that the deal stands as is, not to mention that I will take a loss if I sell the stock now. If the puts activity are sells as you suggest, why are the premiums so high (1-1/4 for sept. 25's, and 2-3/8 for sept. 30's) for a stock that is way out of the money and presumably worth approximately $42+- after the merger is completed.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next