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Technology Stocks : FORE Inc.

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To: Alex Raytselsky who wrote (10744)3/5/1999 12:42:00 PM
From: BWAC  Read Replies (1) of 12559
 
Lets see now. Selling near strike Puts generates cash. About 10% return usually in one month. maybe 2 months. And obligates you to buy a stock that it assumed you want at a lower than current market price.

Yeah thats dumb. Its SOOOO much smarter to throw your money down the drain speculating on out of the money calls.

I mean who REALLY needs to minimize risk while at the same time earning a decent return. Selling the 12.5 Puts on Fore would at this point in time be an excellent risk averse short term trade.
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