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 : Ask Steve
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hpeace who wrote (979)2/25/1997 11:56:00 PM
From: Paul Heye Jr.   of 4749
 
Steve,

Thanks for all the info here and on other threads. Before I get to my question, I have your option strategy printed for reference and the mcmillian book on order.

I am trying to recover from USRX. Down from 75 to 61 (up 3 today). I came up with a plan and would like to run it by you and any others with advice. The Mar 60's are at 4 3/4 and 65's 2 3/8. I could sell the 60's and buy the 65's for protection on a quick runup for a 2 3/8 gain. The only downside is the stock closes between 60 and 65, but I guess if it gets close to expiration at that price I could always buy back the 60 for a couple. Is there something I am missing here or is this a good way to try to bring my paper loss down.

Thanks Paul
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News