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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: sammaster who wrote (24437)3/14/2000 5:06:00 PM
From: ScotMcI  Respond to of 25960
 
I've used options in the past with other stocks, but Cymer's price moves are so violent and unpredictable (at least to me) that I find it easier to just buy the stock and hang on. If I were to consider an option trade, I'd probably think along the lines of a bull spread, or, considering Cymer's volatility, a straddle. After moves like today's, however, the premiums must be sky high.

As for whether Cymer's relative valuation is out of whack, I'll leave that for others to answer.