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: LRS who wrote (3834)	12/7/1997 10:53:00 PM
From: fut_trade	Read Replies (2) of 27307

<<Seriously Peter. What is your opinion on the call volume for the April 40s? Do you really think that people are plopping down $20 for calls that are not marginable. You kind of lose the benefits of leverage at prices like that. Why not just buy the stock? I think it is covered call selling or just plain old naked call writing.>> Covered call selling -- could be. For that volume, how would the option specialist hedge such a transaction? Wouldn't it be better to write out of the money calls? Peter

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