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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: AlienTech who wrote (2377)10/2/1998 12:56:00 PM
From: Lutz Moeller  Read Replies (1) of 4509
 
Hi Alien tech,

you wrote: The best play here today for PSFT is to sell long term puts at the 20 strike, since the premiums are very high.

Why?

I usually own a stock or don't. That kept me up also in bad times. Sure, i diversify in the tech sector and I buy occasionally on margin (right now 27%).

I'm not familiar with puts. Maybe you are willing to explain, what You mean and why Your opinion makes sense to you.

Regards Lutz
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