Altaba Inc. (formerly Yahoo) 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.

Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Estimated Prophet who wrote (14702)	10/13/1998 7:53:00 AM
From: Vincent Chong	Read Replies (4) of 27307

To answer your question, I think a safer way to play this stock, if you own it or plan to own it, is to sell cover call and use the money to buy some put. The exact strike prices must be chosen wisely. If the stock moves up you can sell the stock buy the call back and wait for it to come back down to sell your put. If it goes down after you buy it, you can cover your call and sell your put. It is easier said than done but it can be done and does minimize one's risk in a volatile stock like this one. If everyone is doing this, I think the volatility of this stock will decrease over time.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next