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Technology Stocks : Echostar Comm. -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (1144)9/14/1999 10:35:00 AM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 1394
 
Patened Pinky Reverse Combo: Sell calls and buy puts with the dough. It is a synthetic short. Mssr. Pink is the master of it. Most usefull when one can not get the upticks that one needs.

Eg, in this case, Sell Sept. 90 calls for 3 5/8 and use that dough to finance the pruchase of Sept. 90 puts at 2 1/16. Capeech?