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.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: Herm who wrote (11293)7/24/1999 2:59:00 PM
From: Dr. Voodoo  Read Replies (1) | Respond to of 14162
 
Herm,

SNRS

Your strategy seems pretty interesting. I was wondering if you could elaborate a little more.

How long will options normally be available on stocks that tank like this one?

For biotech blowups, I usually short the stock after the first or second dead cat bounce/mini-squeeze, once I have a good grasp on the fundamentals. They usually tank about 30% for me. I would be concerned about another shoe to drop with SNRS for instance, and I was wondering how long you were comfortable holding the stock.

Thanks in advance,

V