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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Greg h2o who wrote (7765)3/18/1998 9:54:00 AM
From: Seth Leyton  Read Replies (2) of 42804
 
To all, go long by selling the put. 1)buy stock lower than it's currently trading 2)create income.

Downside***...the same as being long the stock.

Today's trade-when the stock was down to 23 1/4 on the bid I was able to execute selling puts to open, VQX 22 1/2's in apr for 1 1/8. That means worst case I buy a stock I like at 21 3/8, best case I make 1 1/8.
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