Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.55

+1.2%

Nov 28 12:59 PM EST

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To: MoonBrother who wrote (26538)	12/6/1997 12:47:00 AM
From: david jung	of 61433

I calculated what would happen if you did a straddle on the ASND dec 30 calls and puts. Here's the data: Dec 30 call $1.62 Dec 30 put $2.56 Total 4.18 Currently the underlying is $28.94 If the underlying is becomes $30 $31 $33 $35 dec 30 call becomes 2.19 2.77 4.14 5.72 dec 30 put becomes 2.04 .99 1.65 .80 Your profit on would be .05 .24 .95 2.34 on your investment of $4.18 Same profits on the downside. This only uses ask prices and doesn't take into account commissions. Also, the assumption is that the price movement happens in a day or 2. Only recommended if you think asnd will move $2 or $3 either way soon. OPTIONS REPT:ASCEND,H&Q RUMORS TAKE TRADERS IN 2 DIRECTIONS smartmoney.com David WallStreet Links: 100 Investment Links angelfire.com

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