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.

Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: taxman who wrote (38782)	2/29/2000 3:59:00 PM
From: Bill Holtzman	Respond to of 74651

OT <OPTIONS> >>yes, your account is charged 9700 dollars if you go long stock and your account gets credited with 1000 dollars if you go long call, short put. nonetheless, you get the same result in the end.<< I suppose you're right. One way you're on margin, the other way you're leveraged (and could wind up on margin!). All I know is a little while back I sold a Feb 180 put on JDSU for $19 and bought the Feb 200 call for $19. But I wouldn't have spent $18,500 to buy 100 shares. It worked out.