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Technology Stocks : Cymer (CYMI)

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To: bh who wrote (8175)11/4/1997 11:30:00 PM
From: Peter V  Read Replies (1) of 25960
 
Interesting you should ask me about options, I've been considering them myself. If it's a guarantee that the stock will be above the strike price, the 20's at $7 are your best bet. However, 20 + 7 = 27. The 25's look better to me at $5. 25+5 = 30, only $3 difference than the 20's, but you save $2 buying the options, so it's a net difference of $1. WHEN you should buy these calls is anyone's guess. Some people think we've bottomed out, others have said we will back and fill, the shorts think they can drive it into the teens. Good luck.
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