Adobe (adbe) opinions Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Adobe (adbe) opinions

ADBE 326.87

+1.3%

Dec 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Frances who wrote (2078)	1/11/1998 12:08:00 PM
From: Ginn	Read Replies (1) of 3111

I looked at the wall street and see the large of contracts of buying 45 put and 40 put. But if I owned the stocks, I would sell April 45 Call and buy April 40 put. Based on premiems of optin price on 8 th, I can still make about $1 for each contract of selling call and buy put if the stocks price still between 40-45.. If the stocks do go down, I will get the protection of buying put and also make money of selling call. If the stock price jump up to $46, then I did not lose any money but get the premimum of stock price increase. Under this market environment, I think this is better play for just buying put if the stock did not go anywhere. selling April 55 call do not generate enough premimum and I don't think the stock will go anywhare before next quarter come in at this stock climate. I just sold the rest of 40 contracts call on the 8th because I felt the market condition is not good. If I see the stock drop down under $40, then I may consider to buy stock for the long term gain this time. I have been doing very good with ADBE since January of 1996. This is the most expensive stock that I buy for myself. Good luck with all the investors in this thread.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next