Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Options -- Ignore unavailable to you. Want to Upgrade?

To: edamo who wrote (3111)	2/17/2000 11:03:00 AM
From: Poet	Read Replies (2) \| Respond to of 8096

Hi ed, I've been trolling for ideas this morning, was considering selling VERT April 200 puts (they're being bought out. very juicy premiums. I just exercised a bunch of Feb QCOM calls (out of necessity, gulp) and wrote cc's on them, the Mar 150's at $3 1/2. I'm also trying to sell the April 165's at $5. I'm not very good or experienced at cc's yet, but I've gotta try, as I've got a lot of QCOM and it appears to be sleeping. I'll pull up a chart on ATML right now. Thank you for the idea.

To: edamo who wrote (3111)	2/17/2000 11:25:00 AM
From: Jill	Read Replies (2) \| Respond to of 8096

Ed, what do you think of this...seeing as you and DoK were playing LU, I went and looked--it's been beat back, analysts are lowering expectations while upgrading it, so it will probably have a good earnings "surprise" in March, it's trading at 52 (did you mention selling March 55s on the above expectation?) anyway: A synthetic long as follows: Jan 01 55 ZEVAK costs about 10 1/4 Jan 01 47 1/2 are btw 5 and 6 currently, so sell 2 of those to finance one call. Recovery is definitely expected by end of the year anyway.