YURI ( YURI SYSTEM ) 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 : YURI ( YURI SYSTEM )

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bradley W. Price who wrote (601)	2/22/1998 9:02:00 PM
From: markj70	Read Replies (1) of 1181

The main reason i like yuri is because of their rapid earnings growth. alex brown and cowen&company have strong buy ratings on Yuri but instead of buying the stock outright, i decided to write an at the money covered call (bought yuri at 22 1/2, brought in 5 points on the jul 22 1/2 call} in this play the maximum i can make is the premium....which turns out to be an outstanding "standstill return." Even if i'm wrong and yuri doesnt go up, i can make money.as long as Yuri is above my costbasis(17 1/2 plus commissions) on expiration..this play gives 5 points of downside protection....this covered call is more specifically known as a synthetic short put...just wanted to share this strategy with everyone Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next