Ultratech Stepper Message Board

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Technology Stocks : Ultratech Stepper

UTEK 30.23

0.0%

Jun 5 5:00 PM EST

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To: J. M. Blackburn who wrote (1892)	12/15/1997 2:06:00 PM
From: ccryder	Read Replies (2) of 3696

More OFF TOPIC (wash sale) You can also use options to accomplish much of the same intent. Options are differentiated from stocks. Different strike and expiry are different entities. For instance I have a profit in a short. I don't want to take my profit now so I buy a call now to lock in my cover price, of course paying the time premium. I settle both next year, getting most of the time premium back. If the stock continues to trash further, I could come out ahead with another option later or buying the stock to cover next year.

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