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Technology Stocks : Full Disclosure Trading
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To: BWAC who wrote (8891)4/28/2004 12:18:03 PM
From: Sam Citron  Read Replies (1) of 13403
 
OT BWAC
I agree. Mr. Market looks sick. With KLAC at 43.80 here, I don't quite understand why the puts are so cheap. I would have expected that the puts would have pretty fully protected you from the drop that has occurred in the stock. How can it be that you only made $2 on the puts, but lost $5.20 on the stock?

Sam
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