Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: HG who wrote (17060)	1/6/1999 5:33:00 PM
From: Chuck Molinary	Read Replies (1) of 27307

HG, I'm getting that urge....y'know - to sell and take profits How about this? At what price would you be willing to BUY Yahoo? 250? 230? 200? How about selling calls at that strike price against your long shares? If the stock rises to 300 (or is above the strike price) at expiration, you're called out for the strike plus premium. If it tanks below your strike price, you keep the premium AND the shares. BUT YOU ARE A WILLING BUYER AT OR BELOW THE STRIKE PRICE SO YOU DON'T MIND OWNING THE SHARES AT THAT PRICE. It depends upon your prognosis for the stock between now and expiration. Good luck, let me know if this helps, Chuck

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