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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: profit_guy who wrote (3030)1/7/1999 9:00:00 PM
From: sergio  Read Replies (1) of 122087
 
How far would you say NITE can go down until Feb 19? Just an opinion
I think if you can sell a straddle of Feb 25's, ie sell the call and
the puts, you have at least 8 pt move. Therefore breakeven will be
at ~16 and 33. Anything beyond will be a loss.

So will it be 16 or 33?

Sergio
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