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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (27466)2/9/2000 11:10:00 AM
From: Sonki  Read Replies (1) | Respond to of 64865
 
it's doing it's shooting star thing again..MAYABE next split coming up?



To: E_K_S who wrote (27466)2/9/2000 11:13:00 AM
From: Steve Lee  Read Replies (1) | Respond to of 64865
 
I'm tempted to buy calls and puts at this point. I think both would bring profit between now and expiry. As long as premiums are not excessive.

Long term I would prefer to short by selling stock, rather than using options. Buying puts is fine when you have a strong reason to believe the stock is going down soon. If you just consider it overvalued, then you could lose a good chunk of profit through time value erosion.

Will see if I can find a top today.


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