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Politics : Idea Of The Day
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To: Bart who wrote (14960)11/21/1997 3:05:00 PM
From: Hans  Read Replies (2) of 50167
 
Bart,

I was busy that weekend as well. Having read the posts, I'm amazed at how worked up people can get.

One would think and hope that adults could all get along.

Once I said something negative about a stock and was inundated with attacks on my credibility. I ignored all of them.

Did you notice how KLIC, INTC, AMAT, BORL and others made their way to their respective strike prices? I wonder if the following strategy would be profitable:

* XYZ is at 82 shortly before expiration (hours or days)
* Buy XYZ 85 puts
* Sell puts when XYZ approaches 80

Perhaps I'll be the guinea pig and try it some day.

56 minutes to go, good luck all.
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