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Strategies & Market Trends : Roger's 1997 Short Picks
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To: craig crawford who wrote (9030)12/30/1997 8:09:00 PM
From: Orhan Birol  Read Replies (2) of 9285
 
Craig,
If you cannot get stock to short, you can always sell the calls naked.
Although the premiums on the money or out of the money are very attractive to pass, if you are really convinced the stock is going down big you can sell deep in the moneys-just like shorting the stock;
no need to borrow-no upticks needed.
I would still wait for the stock to form a top before shorting. It is very dangerous to short stocks making new highs.
Happy new year,
Orhan
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