SI
SI
discoversearch

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.
Technology Stocks : SONS
SONS 7.830+2.8%Nov 28 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Home-Run12/12/2006 2:36:42 PM
  Read Replies (1) of 1575
 
Option strategy for Sonus

I am trying to use Options to play Sonus.

I have sold some Jan 2009 $5 PUTs and
use the cash to buy Jan 2009 $12.5 CALLs.

If SONUS stays between $5 and $12.5 from now till
Jan 2009, then I won't make or lose money (except
a little commission).

By Jan 2009, I will profit if SONUS trades above $12.5
and I will lose money if SONUS trades below $5.

Anyone thinks this is a bad strategy ??
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext