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: steve mamus who wrote (3674)	2/26/2000 8:50:00 AM
From: Poet	Respond to of 8096

Steve, If there were a poster child for impatience, I'd be a candidate. Here's my thinking (ie excuse) about selling Mar 260 puts: Unlikely JDSU will be under 260 by split eve (when I take profits) Premiums on calls are inflated, as are put premiums, so go with the flow and take advantage of time decay. I'm looking at this as a put sale scalp, although if JDSU runs another twenty points in the next week or two, I reserve the right to change my mind. You'd asked about B2B stocks: To me, the big three are ARBA, CMRC, and ITWO. (anyone with better knowledge please feel free to correct me). CMRC had pulled way back and has begun a run back to its old high in the 330's on recent partnership announcements. ITWO is the only of the three showing a profit, hence my interest in it. It split 2:1 very recently and relentlessly continued to climb, which happens infrequently, IMO. I read the downdraft yesterday as MM manipulation, pure and simple. I'm also very interested in WEBM and have been waiting for entry there. I know less about it than you do, though (which never stops me. <g>) I'll do some B2B DD this weekend and post it here. PS: Did you have the patience to hold SLNK? If so, you're reaping rewards there.