Advanced Option Strategies 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.

Strategies & Market Trends : Advanced Option Strategies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joe Waynick who wrote (156)	8/26/1998 12:06:00 AM
From: Joe Waynick	Read Replies (2) of 355

PLAT position open Long 1,000 shares @ 24 Long 10 Dec 25 call @ 3.25 Long 10 Dec 22.5 put @ 1.125 Total insurance cost: 4.375 Long price target is 26.25 Short price target is 26.25 or higher Profit per swing is $4,500 I'll be risk free in two trades. I'll play the swings between $24 - 26.25 until December when I'll sell my long call for whatever I can get. I expect at least one swing monthly for a $4,500 monthly return, for four months or $18k. That's a $107% risk free return. I'm in for the long haul.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next