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Technology Stocks : AUTOHOME, Inc
ATHM 23.09-0.6%Jan 16 9:30 AM EST

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To: FR1 who wrote (4068)1/10/1999 9:13:00 PM
From: Moose  Read Replies (1) of 29970
 
David / Franz,

why not just buy some out of the money puts?

How 'bout some Year 2001 Leaps? Feel bullish long term and don't care to weather the turbulence? Buy Long term at the money calls and forget about the stock. I did. What great leverage too. I was lucky enough to buy Jan'01 60 calls at under $30. I don't need the money now so the stock can do what it wants and I won't care until we're within a couple months of Jan'01! At that point, I figure I'll be more worried about color Turbo 911 I want than what the price of ATHM is;-)

-Moose
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