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.
Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 26.02+1.2%Dec 5 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ratan lal who wrote (2490)5/15/1998 2:04:00 PM
From: Yaacov  Read Replies (1) of 9523
 
Buy PFE at 110 (now at 107 1/4)
Sell CC at 14
Sell Put at 12

Total return 26000 on a 1000 shares (invest 55000 on margin) in 7 months if PFE
>=110. Thats a 47% return in 7 months

lal,
pls.explain to me what is CC at 14?? What do you mean Put at 12? Lets say I own 1000 shares. Pls. given me examples in layman language!+

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