SI
SI
discoversearch

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.
Pastimes : The Naked Truth - Big Kahuna a Myth

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wlheatmoon who wrote (21818)2/26/1999 6:05:00 AM
From: accountclosed  Read Replies (1) of 86076
 
You participate in upside. Just not tremendous upside. Say January 1998 you sold puts on Amzn near or below the money. quote.yahoo.com and you achieved 500 bucks per contract for the sake of the argument. Well you pocketed the 500 bucks for sure and no one ever knocked on your door and delivered you the stock. But meanwhile the stock multiplied 20 times in price over the year. You didn't get that tremendous upside. The most you can achieve is the put premium that you pocketed.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext