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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: Mama Bear who wrote (4192)12/11/1997 3:12:00 PM
From: LRS  Read Replies (1) of 27307
 
Barb! and other short side traders.

If you want to play this animal and you have got level 3 options approval, do put combos which are essentially "cost-free" if the stock keeps going up.

Example:

Sell 10 Jan 55 put contracts for $3.50 each.
Use the proceeds to buy 20 Jan 50 put contracts for $1.75 each.

YHOO could go to the moon and you would not care, but when it tanks, you rake in the bucks. You could do this every month and be a long term SHORT on this balloon with no cost to you each month.

You only lose if the stock stays flat---YEAH RIGHT.
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