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.
Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: S. M. SAIFEE who wrote (4338)9/25/1999 5:31:00 PM
From: Gary Korn  Respond to of 10027
 
SM,

We think alike. I followed your advice and sold the same Oct 27 1/2 puts on NITE for 3 about a week ago.

I had COMS but sold it on the after-earnings run-up and I would contemplate writing puts at 27 1/2 (but not at 30).

For some inexplicable reason I picked up MO as well. This may have been a mistake. I can't find any decent premiums for call writing against it. It was nice that Morgan Stanley upgraded to strong buy. As for the federal lawsuit, it was good that they finally filed, for now they can get around to settling it.

Gary Korn



To: S. M. SAIFEE who wrote (4338)9/25/1999 6:05:00 PM
From: blankmind  Respond to of 10027
 
some of the olb's like abwg, witc, amtd are beginning to show some life and others like egrp, sch, line are flattening out. with the heavy volume returning, hopefully we are seeing a move back into the olb sector.

i must be the grandmother type of selling naked puts, i sold the april 25's for 5. i figure nite can not go to 20:-)



To: S. M. SAIFEE who wrote (4338)9/25/1999 8:28:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 10027
 
SM,

OT: On second thought, I'm going to steer clear of COMS for the time being. I'm concerned about a possible slowdown in the hot Palm unit.

Gary Korn



To: S. M. SAIFEE who wrote (4338)9/27/1999 7:18:00 PM
From: Zainul Hamza  Read Replies (1) | Respond to of 10027
 
Check out the Jan 30 Puts. There is plenty of time for this baby to move above 30 and you get really nice premiums for those.