Strictly: Drilling and oil-field services Message Board

STOCKTALK

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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Perfect Hedge who wrote (4357)	12/3/1997 2:21:00 PM
From: Big Dog	Read Replies (1) of 95453

Because they think the price of the stock will be above 45 by expiration -- I guess. Or maybe they don't mind buying the stock at 45 and they get the 6 points plus premium now. So that makes their today net cost 39 less the premium. If the premium is 2 then they buy the stock today for 37 instead of 39. So to speak. It's actually an excellent trade IF you are sure you want to own the stock.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next