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: zurdo who wrote (4602)10/4/1999 6:20:00 PM
From: Gary Korn  Respond to of 10027
 
Picking it up at 24 seems fairly realistic and prudent. You would not have much more downside risk...maybe 2 or 3 points

Zurdo,

Interesting, so I think we may agree, then, that writing puts for 3 to 5 points at a 25 to 27 1/2 strike price is not that bad a move. One takes in premium (premium with which to offset an earlier, too soon entry into the stock), and the downside is about equal to the premium received.

Gary Korn



To: zurdo who wrote (4602)10/5/1999 9:54:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 10027
 
NITE should start climbing back to the 40s once there is a real NASDAQ rally, instead of these little false
rallies...I see it happening early next year... I agree with you on the speed of the climb...it will be slow...unless the
NASDAQ market comes roaring back like it did in late November of last year...then look out!


I agree.

Glenn