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.
Technology Stocks : Micron Only Forum
MU 265.92+7.0%Dec 19 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (31785)4/6/1998 2:59:00 PM
From: DavidG  Read Replies (1) of 53903
 
Barry,

I don't know when you bought them, but once they become out-of-money PUTs, then they result in bleeding losers. Remember, option expiration is only 2 weeks away. You will lose 100% unless MU is below 28 7/8, but good support is at 28 so how much can you gain versus the amount you can lose.

If there is one short term rally left in MU, I will be buying MUSGs again as well as shorts.

DavidG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext