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 : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (6089)3/4/2000 10:50:00 PM
From: Jill  Read Replies (1) | Respond to of 35685
 
Hi Volty...

Even if you get called away on ELON that's not so bad, is it? You keep the premium. What strike did you write the calls, and what price did you buy in at?

What do you think of premiums on AFFX? It's a biotech--a good one actually, as it makes the chips necessary for gene therapy research; it's really volatile, just broke out to new highs and will likely retrace. Premiums are really rich. I probably will write puts as soon as it retraces a bit--I almost did before. But call premiums are nice too, if you want to buy enough to write them.



To: Voltaire who wrote (6089)3/5/2000 10:33:00 AM
From: Jenne  Read Replies (1) | Respond to of 35685
 
SHORT UPDATE 03/05/00

RealNetworks - RNWK $70.19 (-8.19)

Unfortunately, RNWK managed to gain ground Friday with the rest of
the sector. RNWK started the session Friday with a steep pullback
before making a strong recovery rally. This stock is still trading
below its 50-dma of $75.60, which helps show its readings are
still bearish. Friday, proved to be a day almost no Tech stock
could lose on, unless your name is Palm, and your trading 3 times
above where you should be, but then again isn't every Tech. RNWK
set a good resistance at its 5-dma of $72 on Friday, which it
managed to bounce off twice, before ending below at $70.19. RNWK
looks great on another bounce off this level, but if it breaks $69
we could see it back down at Friday's low of $65, which could
prove to be a good play on speculation of a support break through.
If RNWK gets swept away with the Market again, look to exit if
it goes above its 10-dma at $76.50, we should however, see some
resistance at its 50-dma of $75.60 first. It's hard to play a
short position in this Market, so to be on the safe side always
have your stops set.

Picked on Feb 29th at $70.31
Change since picked -0.12
Earnings Date 04/25 (Not Confirmed)

OPTOIONINVESTOR