SI
SI
discoversearch

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.
Strategies & Market Trends : Roger's 1998 Short Picks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TAPDOG who wrote (3908)3/3/1998 10:23:00 AM
From: Ploni  Read Replies (1) of 18691
 
LAMR just split last week, and it's still moving up. My July 25 puts are now July 12.5 puts, and are sure to expire worthless. (It's hard to imagine the stock dropping 70% by July, though it really should drop 90 or 95%, to reach a fair value.) If LAMR hits 40, I may buy some more puts, though the last time I checked, the puts were pretty expensive by Black-Scholes standards.

I made my first play on AMZN yesterday, by buying March 65 puts. They are up slightly, but I'm going to hang on and see what develops. AMZN could easily fall below 65 in the next 2 1/2 weeks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News