Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Bill Harmond who wrote (2462)	11/12/1997 8:18:00 PM
From: Jonathan Boyd	Read Replies (3) of 27307

>>Bought November 40 puts today at $.25. Jonathan, It took the worst global market meltdown in twenty years to get Yahoo below 40 last week, for, what, a total of one hour? If you're not expecting another (worse) meltdown this month, I think your money would be better given to charity. ===================================================================== William, the November 40's are looking pretty good at this point. The last trade was at $1.0625. I don't say this to gloat (well maybe a little... I'm human) but rather to point out the value of purchasing long-shot options with short expirations as a speculative play. Jon

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